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BNB $766.13 -0.53%
XRP $1.48 -1.07%
SOL $118.10 +0.04%
TRX $0.3342 -0.31%
DOGE $0.0921 -2.35%
ADA $0.2413 -2.11%
BCH $307.87 -0.15%
LINK $13.68 -4.47%
HYPE $86.24 -0.45%
AAVE $181.21 +5.67%
SUI $1.12 -3.52%
XLM $0.2135 -2.64%
ZEC $1,288.08 -2.81%
AAPL $333.33 +0.90%
AMZN $250.93 +0.85%
GOOGL $343.23 +1.07%
MSFT $516.91 +0.60%
META $727.48 +0.22%
NVDA $233.93 +1.10%
TSLA $371.21 +4.51%
SNDK $1,719.22 -3.43%
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star

Star is a decentralized finance (DeFi) platform designed to provide various financial services through smart contracts, such as lending, liquidity mining, and decentralized trading. The platform leverages blockchain technology to create a transparent and secure trading environment, reducing the intermediary costs of traditional financial services. The Star ecosystem supports multiple crypto assets, allowing users to participate in governance and profit distribution by staking tokens, thereby enhancing asset utilization efficiency.
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The Gate event contract consecutive victory challenge will start on October 1, with a prize pool of 20,000 USDT covering multiple competitive gameplay options

According to official news, the Gate event contract "Winning Streak Challenge" will officially start on October 1 at 08:00 (UTC+8) and will last until October 11 at 08:00 (UTC+8).This challenge covers 5-minute cycle events for BTC and all stock event contracts. Users can participate after completing the activity registration. The event sets a total reward of 20,000 USDT, covering multiple gameplay options such as winning streak ladder, win rate leaderboard, trading volume sprint, and new user first order gift.Among them, users who achieve a maximum winning streak of 15 can receive 100 USDT, with a total winning streak prize pool of 6,000 USDT; the win rate leaderboard has a prize pool of 3,500 USDT, and users who meet the criteria of cumulative valid matches ≥ 100, single net purchase ≥ 20 USDT, and win rate ≥ 40% can participate in the ranking, with the first place receiving 1,200 USDT.Users whose cumulative event contract trading volume reaches 20,000 USDT can also share a prize pool of 5,000 USDT based on their trading volume proportion, with a maximum of 500 USDT per user. In addition, during the event, the first 1,000 new users who complete their first transaction in the event contract and have a first net purchase value ≥ 20 USDT can receive a 5.5 USDT event contract experience voucher.Currently, the Gate event contract has covered two major sectors: cryptocurrency assets and stocks. Users can participate in price direction predictions around different assets and time windows, looking for trading opportunities that suit their own judgment in the short-cycle market changes.

Michael Saylor seeks to restart the Strategy financing engine: the proposal for daily dividends on preferred shares may pass

According to Bloomberg, Strategy's Executive Chairman Michael Saylor is seeking to adjust the dividend mechanism for the company's preferred shares, proposing to change the dividend payment from bi-monthly or quarterly to daily for billions of dollars in preferred stock. The annualized yield on the related securities can reach up to 12%, and Saylor stated that this move would help improve liquidity and market efficiency.Previously, Strategy primarily raised funds by selling common stock to purchase Bitcoin, but as the premium of common stock relative to its Bitcoin assets disappeared, the company shifted to issuing perpetual preferred shares that do not dilute the equity of common stock shareholders. Such securities have no fixed repayment date and can provide a new source of financing for Strategy. The company currently has over $14 billion in preferred shares outstanding. Although the company has repurchased over $1 billion of floating-rate preferred shares STRC, it has still been unable to issue new STRC since May.Analysts pointed out that increasing the frequency of dividend payments mainly reduces dividend-related volatility, cannot eliminate credit and Bitcoin price risks, and may not necessarily enhance market liquidity. The shareholder vote on the proposal will conclude on October 28. Given that Saylor is the main shareholder of Strategy, the proposal is expected to pass.
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