📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
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BlockBeats reported that on August 15, Jlabs Digital analyst Ben Lilly pointed out that current stETH is being withdrawn from Lido.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).