🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
Polychain Made $80 Million From Selling Celestia Staking Rewards - Unchained
Polychain Capital invested around $20 million in modular blockchain network Celestia, but has made over $80 million worth of Celestia’s native TIA tokens solely from selling staking rewards.
According to Pavel Paramonov, founder of blockchain research firm Hazeflow, this means they realized a return of more than four times its initial investment from staking rewards alone, without selling their original investment stake in Celestia.
This story is an excerpt from the Unchained Daily newsletter.
Subscribe here to get these updates in your email for free
“Any chain that allows insiders to earn emissions on locked tokens is optimizing insider/VC profits over product success,” commented Columbia University blockchain professor Omid Malekan on X.
“I am all for VCs maximizing LP profits, but if you participate in such an arrangement save me the BS about believing in the project. You don’t.”
Polychain was founded in 2016 by Olaf Carlson-Wee, known for notable investments in companies like Coinbase, Tezos, and Compound. It manages around $5 billion in assets as of June.