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- 🔥Post & Earn Passive Income! Gate Square’s "Content Mining" Channel is Now Open!🔥
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- #Gate Ranks Top 4 Exchange#
Gate has reached the Top 4 global crypto derivatives exchanges on CoinMarketCap, with a 24-hour trading volume exceeding $15 billion. Enjoy some of the lowest fees in the industry—maker fees as low as 0.015%. Gate is committed to providing users with a more efficient and cost-effective trading experience, making it your top choice for crypto trading!
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- 🎉 CandyDrop 5.0: 5 BTC Mega Airdrop is here!
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- Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
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- 📢 $MORE is launching on Gate Alpha!
Users will be able to trade Moonveil ( $MORE ) directly via Gate Alpha — Gate's one-stop on-chain trading portal.
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Maple proposal MIP-013: Introducing a fee buyback mechanism to reward SYRUP stakers
On January 15th, PANews reported that governance proposal MIP-013 has now been released, proposing to use 20% of protocol revenue in Q1 2025 for the repurchase of SYRUP tokens and distribution to SYRUP stake holders (stSYRUP). The move aims to reward long-term stakers, strengthen the alignment of interests between the protocol and stakers, and increase stake incentives. Proposal highlights: • The current Annual Recurring Revenue (ARR) of Mapleprotocol is approximately $5 million, and it is proposed to use 20% of the Q1 revenue for monthly market buybacks of SYRUP. • The repurchased SYRUP will be distributed to stSYRUP holders through smart contracts, providing an estimated annual yield of approximately 5.0% for stakeholders. • 20% of the inflation supply will also be added to stake rewards, with the remaining 80% reserved in the DAO treasury for other strategic projects. Voting will open on January 20, 2025, and is limited to stSYRUP token holders.