📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Stablecoin temporarily supported by DWF Labs has lost its peg, raising many doubts.
USDF, a stablecoin with a market capitalization of over 540 million USD, temporarily lost its link to the dollar this morning, raising concerns due to its association with DWF Labs, a company involved in Donald Trump's cryptocurrency initiatives. Falcon Futures, the issuer of USDF, asserts that this stablecoin is backed by assets exceeding 116%, but most of the collateral is stored off-chain and lacks transparency.
The USDF's value dropping to 94.3 cents per token in an hour has drawn criticism from the community. DWF Labs is expected to announce details about the reserve fund next week, but it remains unclear at this time. This could complicate the launch of stablecoins in the future and negatively affect market confidence, especially as DWF becomes a regular partner of Donald Trump.