🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
The Maple cryptocurrency lending protocol integrates EtherFi's weETH as collateral.
The cryptocurrency lending protocol Maple has added weETH from EtherFi as collateral for its on-chain lending platform. This integration allows eligible borrowers to access USDC loans and receive ETHFI rewards. Maple is a decentralized credit protocol that connects borrowers with lenders through on-chain liquidity pools.
The platform will encourage new weETH pools by offering a 2% APY cashback in ETHFI for the first 50 million USD in loans. These loans will be over-collateralized, have a term of 2 months, and require a minimum size of 5 million USD.
weETH, with a circulating supply of 5.3 billion USD, is a popular asset in DeFi for staking, used to secure many protocols such as Aave.