📢 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
Coinbase Product Head: Total on-chain lending on Coinbase exceeds $400 million
Gate News bot消息,Coinbase产品负责人Max Branzburg表示,Coinbase用户自推出以来的短短几个月内就已以约5%的Intrerest Rate借入了4亿美元的USDC。
He wrote: "The feedback has been very strong, and there was a recent story about a person who was originally going to sell his BTC to fund a home renovation project, but he was able to use it as collateral to borrow and continue investing, while still obtaining the funds for that project."
Max mentioned that users are utilizing this feature to take out loans with BTC as collateral, avoiding asset liquidation to raise funds.
Source: X