💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
Frax Finance will deploy on-chain in Movement, providing $10 million liquidity.
On August 16th, Movement announced that Decentralized Finance protocol Frax Finance plans to conduct native deployment on Movement Blockon-chain today. As a key part of this plan, Frax has committed to rewriting its entire Solidity codebase into Move language. Frax will introduce at least four new assets on Movement: Frax stablecoin, sFrax (staked Frax), frxETH (liquidity stakeToken pegged 1:1 to ETH), and FXS (stake and governance Token of the Frax ecosystem). Frax will also deploy Fraxlend, Frax CDP, and its stake contract on Movement. The two parties will work together to provide $10 million in protocolLiquidity and incentives for existing Frax users to participate in Cross-Chain Interaction with Movement. Frax plans to complete the deployment on the first day of the Movement Mainnet launch.