Gate.io HODL & Earn Launches Cosmos (ATOM) PoS & Earn, Annual Interest Rate 16%
The ATOM PoS Mining & Earn is launched on Gate.io HODL & Earn. The annual interest rate is 7%-20%, which will be adjusted based on the amount of token mined. Web Users can use the link to purchase - https://www.gate.io/hodl/25, while app users can use HODL & Earn.
The participation rules are stated below.
1) To take part in PoS & Earn, users need to register themselves. However, token lock-up is not required
2) There is no handling fee being charged by Gate.io
3) The annual interest rate is 7%-20%, which will be adjusted based on the number of tokens mined
4) The interest will be calculated based on the average amount of tokens in position over a 14-day period, excluding the borrowed tokens
5) The interest will be distributed every 14 days
6) To continue to participate in the program, users need to operate manually
Introduction to Cosmos
In other words, Cosmos is an eco of blockchains that can scale and interoperate with each other. Before Cosmos, blockchains were siloed and unable to communicate with each other. They were hard to build and could only handle a small amount of transactions per second. Cosmos solves these problems with a new technical vision. In order to understand this vision we need to go back to the fundamentals of blockchain technology.
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October 25, 2019
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