🔥 Gate Square Event: #GateNewbieVillageEpisode10
👤 Featured Creator: @CHAITHU
💬 Trading Quote: The market doesn’t reward emotions, only patience and discipline.
Charts move — but discipline holds.
Share a moment where patience paid off, or emotions cost you a lesson.
A real story > a perfect result.
⏰ Event Duration: Dec 4 04:00 – Dec 11 16:00 UTC
How to Join
1️⃣ Follow Gate_Square
2️⃣ Post with the hashtag #GateNewbieVillageEpisode10
3️⃣ Share your reflections — strategy, mindset, discipline
Authenticity boosts visibility and your chance to win.
🎁 Rewards
3 lucky participants will recei
Compound has paused multiple stablecoin lending markets on Ethereum in response to the Elixir liquidity crisis.
BlockBeats reports that on November 7th, DeFi research and risk management firm Gauntlet recommended a temporary emergency halt on certain independent lending markets within the Ethereum-based lending protocol Compound v3. The affected markets include USDC on Ethereum, USDS on Ethereum, and USDT on Ethereum. The proposal has been approved, and after the halt, lending withdrawals for USDC and USDS resumed on November 6th. Compound stated that it will gradually restore the markets once system security is assured.
This move aims to address the liquidity crisis involving Elixir’s deUSD and sdeUSD, both of which are listed as collateral on Ethereum-backed USDC, USDS, and USDT.
Additionally, on November 4th, Stream Finance disclosed that its fund assets suffered a loss of $93 million, with Elixir bearing a $68 million exposure, leading to liquidity issues for its stablecoins deUSD and sdeUSD.