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Launchpool
Quick staking, earn potential new tokens
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Launchpad
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Simple Earn
Earn interests with idle tokens
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0 Fees
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One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
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Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Whirlpool announces ‘strategic recapitalization’ aimed at raising $800 million: what it means
Whirlpool Corporation announced a “strategic recapitalization” to raise $800 million by selling new common stock and mandatory convertible preferred shares. The company plans to use these funds to pay down debt, strengthen its balance sheet, and invest in vertical integration and automation to enhance self-reliance and cost-efficiency. This move is presented as a defensive and stabilizing maneuver to prepare for future economic conditions and strengthen operations, rather than a sign of distress.