December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
The Compound DAO rejected the proposal to "recover $13 million worth of tokens" from the special representative office.
PANews September 18 news, according to DL News, the DeFi lending protocol Compound community voted nearly 70% against a proposal to reclaim 13 million dollars worth of Tokens. These Tokens were allocated to DAO representatives through the “representative competition” program in August 2024, aimed at increasing governance participation. The proposer accused the allocation plan of abusing treasury funds, benefiting only insiders. The whale “Humpy” mobilized $3 million worth of COMP tokens to support the recovery. However, beneficiary representatives from PGov, Arana Digital, and others jointly vetoed the proposal. An anonymous representative revealed that the current allocation plan can effectively prevent whales like “Humpy” from implementing “DAO control”—that is, manipulating voting results by accumulating governance power.