Gate.io will launch the “Locking AXIS to Earn” on September 19th, 4:00 AM UTC. The total position is capped at 500,000 AXIS. The duration of the lockup is 14 days and the estimated annualized yield is 80%.
To participate, please visit:
https://www.gate.io/hodl/137
or tap HODL&Earn icon at Markets screen on APP
Rules:
1. Lockup currency: AXISDeFi (AXIS)
2.Interest currency: AXIS
3.Lockup term: 14 days.
4. Estimated annualized rate: 80%
5. Position cap: 50,000 AXIS
Starting September 19th, 2020 at 4:00 AM UTC, the product is available on a first come, first served basis.
Interest is from yield farming and interest and principal will be released at the end of the lockup term.
About AXIS
AXIS DeFi aims to be the Future of Open Finance. Axis is the first dedicated DeFi blockchain with complete Wall Street trading capabilities. While there has been strong growth and interest in DeFi, the market has over 99% ETH dominance. Public chains like ETH have severe limitations for being able to support sustainable and strong DeFi.
About Gate.io HODL & Earn
Gate.io’s ‘HODL & Earn’ is a blockchain assets earning platform, which facilitates stable earnings for your cryptocurrency investment, offering various financial products, including term (lock-up) and non-term earning products among others. It is the best investing venue for users who prefer lower risk.
Important notice:
Locking your asset for a certain term is required. Your asset and interest will not be available until the end of the lockup term. If there is any price fluctuation on the market, you are unable to unlock and trade immediately. And the interest received may not be sufficient to cover the loss caused by the price change. Please fully understand the risks.
More investment products with stable earnings are coming soon. Please follow us and stay tuned.
Visit more at :
https://www.gate.io/hodl
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Gate.io Team
September 18, 2020