📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Sonic Labs co-founders: Dislike the behavior of exploiting the Hyperliquid mechanism; the leverage multiplier cannot be set as a fixed value.
PANews March 26 news, regarding today’s address imitating the previous whale operation on Hyperliquid with 50x leverage, dumping 398 million JELLY short orders to Hyperliquid, triggering Hyperliquid's treasury to face liquidation and losses, Sonic Labs co-founder Andre Cronje stated on X platform: I hate this practice (using Hyperliquid mechanism). Position size should not be a fixed function of leverage, but should depend on available liquidity and actual fluctuation. For example, small positions can have 1000x leverage, while large positions can have 1.2x leverage. In the DeFi space, leverage cannot be set as a fixed value.