📢 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
S&P Global gives Sky Protocol a "B-" credit rating.
Golden Finance reports that S&P Global has given the issuer of USDS, Sky Protocol, a "B-" credit rating. According to Sky, this is the first time that the rating agency has issued a credit rating for a stablecoin system. According to S&P's official website, a B rating means that the entity is more susceptible to adverse business, financial, and economic conditions, but still has the capacity to meet its financial obligations. The report points out that "Outlook Stable" but also states that the rating of Sky is constrained by its highly concentrated depositors, highly centralized governance structure, and weaker risk-adjusted capital strength. S&P pointed out that although founder Rune Christensen holds 9% of the governance tokens, due to the low voting rate, Christensen has significant power in determining the future direction of Sky.