🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
DeFi Development Corp. expands the issuance of convertible notes to $112 million for Solana investment.
According to a report by Decrypt on July 3, Deep Tide TechFlow announced that DeFi Development Corp.(DFDV) has expanded its convertible note issuance from $100 million to $112 million, and has granted initial purchasers an additional subscription option of $25 million within 7 days. The company plans to allocate approximately $75 million for prepaying forward stock purchase transactions, with the remaining funds used for general corporate purposes and increasing holdings in Solana Token.
DFDV Chief Operating Officer Parker White stated: "Convertible bonds allow us to raise funds from investors with a lower risk appetite, who are willing to exchange some upside potential for downside protection." The company began implementing its Solana reserve strategy in early April and has accumulated approximately 621,000 Solana (worth about $95 million) and acquired a Solana validator company.