🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
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Threshold Network announced a network restructuring plan and will strategically reinvest through a T token buyback
PANews reported on April 18 that, according to Chainwire, Threshold Network announced a network restructuring plan and will strategically reinvest through T token buybacks. The program aims to improve cost-effectiveness by cutting annual operating expenses, halting treasury sales of T tokens, and through targeted buybacks of accumulated T tokens. Threshold DAO's vault will also continue to accumulate tBTC through bridge fees and T tokens through buybacks. Mr Threshold said the restructuring had improved the financial position of the agreement. It reduced annual operating costs by approximately $1.1 million and brought the total cost of governance and contributor roles down to $602,000 per year. In addition, the removal of tBTC staking rewards is expected to result in annual savings of more than $8.5 million. Threshold has completed the initial purchase of about 30 million T tokens, spending 5.8 tBTC. Currently, there are about 420 million T tokens used for governance and multisig, which is about $7 million at current market value. In addition, there are $8 million to $9 million in reserve assets (tBTC, ETH and stablecoins) that can guarantee operation for 2-3 years.