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Gate.io HODL & Earn Launches Tezos (XTZ) PoS & Earn (Issue 2), Annual Interest Rate 8%

2020-01-06 10:24:06Read:32395

Gate.io has launched HODL & Earn, a series of crypto-asset management tools that promises stable profit and lower risks. With Gate.io HODL & Earn, user can earn interest with current or fixed deposits. We will also launch asset management tool with major crypto currencies such as BTC and USDT, providing more ways for users to gain interest.

The Tezos PoS Mining & Earn (Issue 2) is launched on Gate.io HODL & Earn. The annual interest rate is 8%, which will be adjusted based on the amount of token mined. Web Users can use the link to purchase - https://www.gate.io/hodl/34, 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 5.5%-10%, 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 Tezos (XTZ)
Tezos(XTZ) Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth. It facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts.

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Gate.io
January 6,2019