🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Explain the Bitcoin ecosystem 2.0 DeFi in the simplest and most understandable way: $FB
It's like an online "Decentralized Finance street." Previously, Bitcoin was mainly just for "holding" or "transferring," but now on this new financial street, your Bitcoin can "work" and make money.
· You can:
· Earn interest by saving: Lend your Bitcoin to others and earn interest.
· Exchange currency: Directly exchange other types of Bitcoin tokens (such as BRC-20 tokens).
· Mortgage: Mortgage your Bitcoin to borrow other assets for use.
· Core Features: All these operations do not require intermediaries such as banks or exchanges; they are completed automatically by code and smart contracts, allowing you to firmly control your assets.
Inswap (Decentralized Exchange as an example of Dex)
· It's like an "automatic vending machine" in this financial street.
· Its working method is:
· If you want to exchange token A for token B, you simply put A into the "vending machine".
· The "vending machine" automatically calculates how much Bit you can get based on a preset mathematical formula, and then gives it to you directly.
· Core Features:
· No registration required: No need for email or phone number, just connect your wallet and you can use it.
· No manipulation: Prices are determined by mathematical algorithms and liquidity pools, without intermediaries intervening.
· Manage your own money: During the trading process, your coins are always in your own wallet, which is very secure.
In a nutshell:
Bitcoin Ecosystem 2.0 DeFi aims to make Bitcoin more useful, allowing participation in various financial activities; while decentralized exchanges like Inswap are places where you can freely and safely exchange various assets in this new ecosystem.
——The article is sourced from "Deep Exploration"
Focus on several leading companies.