🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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📅 Ends at 16:00, Sep 17 (UTC)
USDC & USDT are starting there own L1’s
This can significantly reduce TVL on L1’s
Currently ETH has 45% of its TVL from stables
SOL has 10% of its TVL from stables
ETH has more to loose but in general both chains are affected
Opinions?