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Gate.io 'HODL & Earn' Launches SENC Lock-up & Earn Issue #2, Annual Interest Rate of 60%, Interaction Rewards Available

2020-08-29 14:17:10Read:32843

SENC Lock-up & Earn (40 Days) Issue #2 has been launched on Gate.io 'HODL & Earn' at 06:00 AM GMT August 29th, 2020. The total amount of SENC to be locked is 25,000,000, with a lock-up period of 40 days. Web users can purchase via (mobile users can use 'HODL & Earn') https://www.gate.io/hodl109

Along with the launch of SENC Lock-up & Earn (40 Days) Issue #2, Gate.io is also rolling out some reward activities to increase interaction with our users.

Activity 1
From 07:00 AM GMT August 31st, 2020 to 09:00 AM GMT August 31st, 2020, users who repost the SENC Campaign Poster and make a comment about the SENC Lock-up & Earn product will have an opportunity to win a random SENC tip. The total amount of SENC tips to be distributed is 40,000 SENC.

Activity 2
Users who follow our official Twitter account (@gate_io) and repost the following post, will have the opportunity to win a lucky draw (altogether three lucky draw winners, each rewarded with 5,000 SENC).


SENC Lock-up & Earn (40 Days) Purchase Rules

1) The token to be locked is SENC, users will also receive interests in SENC. The annual interest rate is 60%. The total amount of SENC to be locked is 25,000,000 SENC.

2) The purchase time starts at 06:00 AM GMT August 29th, 2020. Users purchase on a first-come-first-serve basis.

3) During the first 10 minutes of the purchase, users need to be VIP 3 and above to participate. The purchase limit will be calculated based on users' GT holdings.

Below are the requirements for GT holdings:



4) After the first 10 minutes of the purchase, there are no VIP or GT holding requirements for participants. However, please note that the product might be sold out within the first 10 minutes.

5) The interests will be distributed to users when the lock-up period ends.

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 The funds are not able to be withdrawn during the lock-up period.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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Aug 29, 2020









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