📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
The Compound DAO rejected the proposal to "recover $13 million worth of tokens" from the special representative office.
PANews September 18 news, according to DL News, the DeFi lending protocol Compound community voted nearly 70% against a proposal to reclaim 13 million dollars worth of Tokens. These Tokens were allocated to DAO representatives through the “representative competition” program in August 2024, aimed at increasing governance participation. The proposer accused the allocation plan of abusing treasury funds, benefiting only insiders. The whale “Humpy” mobilized $3 million worth of COMP tokens to support the recovery. However, beneficiary representatives from PGov, Arana Digital, and others jointly vetoed the proposal. An anonymous representative revealed that the current allocation plan can effectively prevent whales like “Humpy” from implementing “DAO control”—that is, manipulating voting results by accumulating governance power.