🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
MEV Capital: The Ethereum Morpho USDC vault no longer holds any Elixir assets.
According to Deep Tide TechFlow news, on November 13, MEV Capital published an update on the operation of the Morpho USDC vault on the X platform. Currently, the Ethereum Morpho USDC vault has removed the Elixir sdeUSD/USDC trading pair, resulting in bad debts amounting to nearly 3.6% of the total value locked (TVL) at that time. The vault no longer holds any Elixir assets, and other markets and parameters remain unchanged. MEV Capital is still collaborating with relevant parties to address the issues faced by Elixir creditors.
Previously, it was announced that Elixir's stablecoin deUSD has officially retired and no longer holds any value. A USDC compensation process will be initiated for all holders of deUSD and its derivatives (such as sdeUSD), affecting collateral providers on lending platforms, AMM LPs, Pendle LPs, and others.