📢 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)
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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.)
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Wormhole plans to increase its acquisition bid for StarGate, with STG bridge volumes growing 10 times year over year.
[Chain News] On August 21, according to an announcement, a certain protocol proposed an acquisition of StarGate (STG) for approximately $110 million, but Wormhole believes this offer undervalues the assets and rise of the StarGate protocol. StarGate's bridging volume in July reached $4 billion, a year-on-year increase of 10 times, with a TVL of $345 million and an expected annual revenue of $2 million. Wormhole plans to submit a higher offer and requests a suspension of the current Snapshot vote for 5 working days to refine the bidding process and protect the interests of STG holders.