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Announcements Gate.io 5th Round of 7 th-Anniversary ETH Lock-up & Earn, Sold Out in 2 Hour
Gate.io 5th Round of 7 th-Anniversary ETH Lock-up & Earn, Sold Out in 2 Hour
2020-05-27 08:46:46 UTC 88540 Read
Gate.io has launched the 5th round of the 7th-anniversary ETH Lock-up & Earn on May 27th (Wednesday). The total amount was 5,000 ETH with an annual interest rate of 10%. Users were very eager to take part in the activity, and consequently, all the provided ETH was sold out a little under 2 hours after the commencement of the ‘Lock-up & Earn.’

There were 197 participants in total in this ‘Lock-up & Earn.’ The minimum purchase price was 1 ETH, and the maximum price was 50 ETH.

This purchase allowed for priority for Gate.io VIP and GT holders. During the first 10 minutes of the purchase, users needed to be VIP 3 and above to participate. The purchase limit was calculated based on users' GT holdings. After the first 10 minutes of the purchase, there were no VIP or GT holding requirements for participants.

However, please note that the product might have been sold out within the first 10 minutes.

For the announcement of Gate.io ‘HODL & Earn‘ Launches 5th Round of the 7th-Anniversary ETH Lock-up & Earn, Annual Interest Rate 10%, please check here: https://www.gate.io/article/17506

For further details of 5th Round of the 7th-Anniversary ETH ‘Lock-up & Earn,‘ please check here: https://www.gate.io/hodl/54

Preview of Next Round of the 7th-Anniversary Lock-up & Earn


Product: The 6th round of 7th-anniversary EOS Lock-up & Earn
Time: June 3rd, 2020 GMT 4:00
Annual Interest Rate: 10%
Total amount: 500,000 EOS
Minimum\maximum purchase price: 10-2,000 EOS

Web Users can use this link to purchase - https://www.gate.io/hodl/55, while app users can head over the HODL & Earn tab.

Gate.io HODL & Earn is launching 7 ‘Lock-up & Earn‘ products in total with major cryptocurrencies for the celebration, taking place from April 29th to June 10th. The ‘Halving’ will take place during the first BTC lockup. The total value of tokens to be locked will amount to $7,000,000; the annual interest rate will be 10%. The products are sold
on a first-come-first-served basis. For further details, please check here: https://www.gate.io/article/17429

Launching time of different major cryptos:


Attention: Once purchased, the principle will be locked immediately and will only be returned with the interest when the lock-up period finishes. The funds are not able to be withdrawn during the lock-up period. Losses incurred due to market volatility shall be borne by users. Please be aware of the market risks and use this feature with caution.

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May 27, 2020
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