📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Corn: Ethereum needs to establish a value capture mechanism for L2, otherwise it may become an outdated security layer
On March 15, zak.eth, the co-founder of Corn, posted that Ethereum is facing the problem of value loss to the layer 2 network (L2). He pointed out that the layer 2 network is currently withdrawing fees, MEV, and liquidity in large quantities, while Ethereum stakers are barely benefiting.
According to the data, Base incurred about $2.5 million in fees last month, but only paid less than $11,000 to Ethereum; For every $1 paid to Ethereum, Optimism gets around $321 from L2 fees.
zak.eth suggests a number of ways to improve the situation:
The L2 sequencer stakes ETH, and the L2 tokens are partially deposited into the ETH vault;
L2 rewards a portion of transaction fees and MEV to Ethereum stakers;
ETH becomes the default settlement asset for cross-rollup transactions;
Ethereum validators extend security to L2 by restaking.
He argues that Ethereum needs to enforce this value capture now, or risk becoming an outdated layer of security.