🎉 #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 stablecoin wcgUSD under Cygnus has integrated with the Pendle Interest Rate Derivative protocol, supporting the minting of PT and YT to accumulate multiple yields.
According to ChainCatcher news and official sources, Cygnus's stablecoin wcgUSD has officially integrated the DeFi interest rate derivative protocol Pendle. Users can now deposit wcgUSD through the Keep YT model, minting principal tokens (PT) and yield tokens (YT) with zero price impact, while simultaneously earning basic yield, Pendle rewards, and Cygnus points in a triple yield structure. This program aims to enhance capital efficiency, allowing users to optimize liquidity allocation while retaining full exposure to the underlying asset's yield. This collaboration is based on the shared vision of both parties for a structured yield market. Pendle's interest rate derivative infrastructure, combined with Cygnus's composable yield-generating stablecoin layer, creates a transparent and modular yield primitive. The two parties plan to explore deeper integration in the future through Pendle's infrastructure and Cygnus's Liquidity Verification System (LVS), including native re-staking of YT assets, modular treasury yield routing, and expanding stablecoin liquidity to application layers such as the creator economy. The current integration solution is now live on the Base chain, and users can participate directly through the Pendle trading market.