🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your
Viewpoint: stETH has the risk of decoupling, which may trigger the liquidation of lending protocols.
BlockBeats reported that on August 15, Jlabs Digital analyst Ben Lilly pointed out that current stETH is being withdrawn from Lido. Meanwhile, another lending protocol, Figment, is absorbing Lido's market share, which suggests that Figment could be a staking partner for the ETF. 32% of stETH (wstETH) is used as collateral for the lending protocol, and depegging could imply liquidation for the lending protocol. Notably, currently, 278,000 wstETH are in a "high-risk" state (high risk is defined as a health factor between 1 and 1.1).