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- 📢 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 - 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
The Eve of the PROVE Ecosystem Explosion: Three Truths Seen from On-Chain Data
Truth 1: The capital logic behind the 47% surge in TVL
In the past 7 days, the TVL of the PROVE staking pool increased from 150 million to 220 million USD (data: ProveScan). The surge occurred right after the E5 upgrade on August 11— the new Succinct protocol reduced node verification costs to $0.03 per instance (compared to $1.2 for Polygon zkEVM). Capital is voting with real money: while traditional ZK projects are still caught up in technical PPTs, PROVE has already lowered verification costs below AWS server fees.
Truth Two: The "Smart Money Trap" in the Contract Market
View PROVE contract data:
- Open interest doubled in August ($80M→$160M)
- **But the short exposure above 0.82 reveals clues**: When retail investors follow the trend to short (with 61% of short positions last week), market makers continued to place tens of thousands of buy orders at $3.2 (which can be checked on the Gate order book). This morning, PROVE suddenly surged to $3.5, triggering $2 million in short liquidations — **this is clearly a short squeeze driven by leverage**.
Truth Three: CandyDrop is draining liquidity.
The event has been online for 12 hours, and the locked amount of PROVE CandyDrop has surged by 180,000 pieces. According to the rules:
1. Stake ≥ 500 PROVE to enter the lottery
2. The winning rate is positively correlated with the staking amount
Causing an on-chain "layered effect:"
- Whales (holding over 100,000 tokens) account for 67% of the staking.
- Retail investors are unable to secure quotas and turn to contracts (increasing volatility)
*My strategy: This morning I grabbed 500 PROVE at $3.35 and staked them all, betting on high APY + CandyDrop double returns*
Risk Warning
- Short-term selling pressure point: $3.8 (last year's ICO cost zone)
- On-chain whale "0x7d3" transferred 420,000 tokens to B yesterday, be cautious of a dump.
- Technically, the 4-hour RSI is overbought (78.6), looking for a pullback support at $3.15
Final advice
The value anchor of PROVE lies in its real adoption rate - pay attention to the progress of the Succinct protocol's integration into the Cosmos ecosystem in September. If the implementation goes smoothly, $5 is expected; if delayed, $2.8 is the solid bottom.
#PROVE创作大赛#