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Gate.io HODL & Earn Launches ATOM PoS & Earn (Issue 4), Annual Interest Rate 12%

2020-07-18 13:51:08Read:28182

Gate.io’s ‘HODL & Earn’ belongs to a series of crypto-asset management tools that guarantee a stable profit with less risk. With Gate.io’s ‘HODL & Earn,’ users can earn interest with temporary or fixed deposits. We will also launch asset management tools with major cryptocurrencies such as BTC and USDT, providing more ways for users to gain interest.

ATOM PoS Mining & Earn (Issue 4) has been launched on Gate.io HODL & Earn. The annual interest rate is 12%, which will be adjusted based on the amount of token mined. Web Users can use the link to purchase - https://gate.io/hodl/64, 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 12%, 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 a 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 ATOM

Cosmos is a decentralized network of independent parallel blockchains, each powered by BFT consensus algorithms like Tendermint consensus.
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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Gate.io
July 18, 2020


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