🔥 Gate Post Ambassador Exclusive Posting Reward Task Round 4 Is Live!
Not yet a Gate Post Ambassador? Apply now 👉 https://www.gate.com/questionnaire/4937
Join the Ambassador Task and post daily from June 9 to June 15, get your posts rated, and share a $300 prize pool based on your ratings!
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will
Plasma has now reached the deposit limit of 500 million USD.
On June 9, according to official data, the stablecoin project Plasma has now hit the $500 million deposit cap. Deposits earn yield on Aave and Maker through Veda's audited vault contracts (with a total locked volume of over $2.6 billion). After the lock-up period ends, all assets will be converted to USDT. BlockBeats reported earlier today that Plasma posted that it has decided to increase the initial deposit limit to $250 million based on community feedback to support fairness, inclusion and broad participation. Personal deposits will be limited to $50 million. Plasma, which previously received a strategic investment from Peter Thiel's Founders Fund, announced in February that it had raised $24 million ($20 million Series A and $4 million in seed) led by Framework Ventures, with participation from crypto trading platform CEX, venture capitalist Peter Thiel, and Tether CEO Paolo Ardoino.