🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
#TOKEN2049# is just around the corner, and Gate is bringing the heat to Singapore!
Token of Love Music Festival, Gate x Oracle Red Bull Racing Reception, and the F1 Race Viewing are all set to roll out!
Join Square Fun Quiz Challenge now, test how much you know about the events and share $100 BTC in rewards!
To join: Comment your answers (format: 1B 2A 3B 4C)
🎁 Rewards: 3 lucky winners each day → $10 BTC each
👑 Bonus: Answer all questions correctly for 3 days → Extra $10 BTC for Super Quiz King!
📖 Day 1 · Quiz (Single Choic
Solana DeFi Needs a CHF Stablecoin as Inflation Erodes Fiat
Global currencies are quietly losing value while traditional investments struggle to keep pace with real inflation. Even when crypto investors earn attractive yields, currency depreciation often cuts their actual returns in half. This reality has sparked an interesting question: should DeFi platforms like Solana offer stablecoins backed by stronger currencies like the Swiss franc?
Trader on Why CHF Is "the Gold of Forex"
This creates a frustrating reality for investors. You might earn 10% yield in dollars, but inflation and currency weakness can easily cut those gains in half. CHF's consistent strength has earned it the nickname "the gold of forex" among traders who value stability over volatility.
Why Solana DeFi Could Benefit from a CHF Stablecoin
A Swiss franc-backed stablecoin on Solana makes sense for several reasons:
With Solana DeFi seeing $1.3B+ in weekly volume and growing institutional adoption, a CHF stablecoin could attract investors seeking real value protection rather than just high yields.