📢 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
Aave is set to launch the Umbrella system to prevent bad debts from June 5, 2025.
According to the Aave community forum, AAVE will officially launch the Umbrella system on June 5, 2025, allowing users to stake aTokens to prevent bad debt in the protocol and receive rewards. This mechanism replaces the previous AAVE staking and stkABPT methods, while directly destroying aTokens to handle bad debt, helping to increase capital efficiency and automatic activation mechanisms. Initially, Umbrella will be deployed on networks such as Ethereum, Arbitrum, Avalanche, and Base, supporting major assets like USDC, USDT, and WETH. The Umbrella system has completed development and auditing, ready for launch.