📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Threshold Network announced a network restructuring plan and will strategically reinvest through a T token buyback
PANews reported on April 18 that, according to Chainwire, Threshold Network announced a network restructuring plan and will strategically reinvest through T token buybacks. The program aims to improve cost-effectiveness by cutting annual operating expenses, halting treasury sales of T tokens, and through targeted buybacks of accumulated T tokens. Threshold DAO's vault will also continue to accumulate tBTC through bridge fees and T tokens through buybacks. Mr Threshold said the restructuring had improved the financial position of the agreement. It reduced annual operating costs by approximately $1.1 million and brought the total cost of governance and contributor roles down to $602,000 per year. In addition, the removal of tBTC staking rewards is expected to result in annual savings of more than $8.5 million. Threshold has completed the initial purchase of about 30 million T tokens, spending 5.8 tBTC. Currently, there are about 420 million T tokens used for governance and multisig, which is about $7 million at current market value. In addition, there are $8 million to $9 million in reserve assets (tBTC, ETH and stablecoins) that can guarantee operation for 2-3 years.