🚀 #GateNewbieVillageEpisode5 ✖️ @Surrealist5N1K
💬 Stay clear-headed in a bull market, calm in a bear market.
Share your trading journey | Discuss strategies | Grow with the Gate Family
⏰ Event Time: Nov 5 10:00 – Nov 12 26:00 UTC
How to Join:
1️⃣ Follow Gate_Square + @Surrealist5N1K
2️⃣ Post on Gate Square with the hashtag #GateNewbieVillageEpisode5
3️⃣ Share your trading experiences, insights, or growth stories
— The more genuine and insightful your post, the higher your chance to win!
🎁 Rewards
3 lucky participants → Gate X RedBull Cap + $20 Position Voucher
If delivery is unavailable, th
The Gauntlet proposal suggests an emergency pause on the USDC, USDS, and USDT lending markets on Ethereum.
On November 5, the DeFi research and risk management company Gauntlet proposed on the Compound forum of the Ethereum lending protocol to implement a temporary emergency pause on the following independent lending Comet markets in Compound v3: USDC on Ethereum, USDS on Ethereum, and USDT on Ethereum. Gauntlet stated that it observed liquidity crises for both deUSD and sdeUSD under Elixir, both of which are listed as collateral on Ethereum's USDC, USDS, and USDT. Gauntlet has suggested updating the risk parameters (Tally), which have not yet been approved by the governance committee. Before the proposal is approved, Gauntlet recommends pausing the withdrawal of affected tokens. This means that the USDS, USDC, and USDT tokens on Ethereum in Compound v3 will not be able to establish new lending positions or withdraw liquidity. Yesterday, Stream Finance disclosed that its fund assets suffered a loss of $93 million, of which Elixir bore an exposure of $68 million, leading to a liquidity crisis for deUSD and sdeUSD under Elixir.