News

Odaily reported that, according to Dune data, due to the community's disappointment with the S1 season airdrop amount, Opinion TVL has plummeted to $39 million, with a 24-hour drop of over 50%. Previously, Opinion founder Forrest stated in the official Discord that, based on current market conditions, he hopes community members will lower their expectations for the S1 season token airdrop. In addition, he emphasized that more attention will be given to S2 season rewards.

格隆汇 March 3｜The Korea Composite Index, which once fell by 2.6% at the opening, has significantly narrowed its decline and is currently down 1.2%, at 6163.52 points.

Fitch Ratings analysts stated that during the Iran conflict, the Strait of Hormuz could be effectively closed, but producers have ways to mitigate this risk. Saudi Arabia and the United Arab Emirates possess alternative pipelines that bypass the strait, and all major exporters store crude oil outside the region. Fitch expects oil and gas activities to experience some short-term shocks, especially for Bahrain, Kuwait, Qatar, and Iraq, which lack alternative routes and rely heavily on the strait. However, higher energy prices can offset temporary disruptions in export revenues, and most Gulf Cooperation Council sovereign states have substantial buffer assets. On the other hand, the suspension of air travel and a slowdown in consumption indicate that non-oil economic activities will also be affected, although possibly only temporarily; regions positioned as international hubs may face long-term damage.