📣 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! �
Helium switches from burning HNT to daily buyback
On October 21, Helium announced the shift to a daily HNT acquisition mechanism through the automatic average price system (DCA), replacing the previous “token burning” method. This move aims to increase the scarcity of HNT, directly linking it to daily network revenue while attracting institutional investors.
According to the Helium Foundation, the transition from “internal burning” to acquisition in the open market has helped the price of HNT increase by 3%, reaching $2.06 immediately after the announcement. The DCA system is also expected to help stabilize and enhance the long-term value of the token.
In addition, Helium is developing the (Digital Asset Treasury) to optimize profits from token assets. Although the initial market reaction has been quite positive, the broader impact remains limited as regulators and major analysts have yet to make official statements.