HomeGate.io HODL&Earn: Lock PBTC35A and Earn BTC&MARS, with 60% APY
Gate.io HODL&Earn: Lock PBTC35A and Earn BTC&MARS, with 60% APY
2021-01-17 10:04:18 UTC
Gate.io will launch a short-term PBTC35A DeFi Hodl product, with lockup term of 7 days. The product uses a floating interest rate, about 60%, and the Earn currencies are BTC & MARS. the total Lock Amount is 1560 PBTC35A.
Rules of the PBTC35A Lock & Earn Product
1. Lockup currency: PBTC35A
2. Zero handling fee
3. Earn currencies: BTC & MARS. The reward rate is a floating interest rate. Reward is distributed daily based on participant's average PBTC35A held over a period of 7 days
4. The reward comes from the actual onchain yield minus cost, which may vary from day to day.
5.DeFi liquidity mining has been gaining attention recently and the annualized return is quite high. But for the average user, the threshold of participating remains high, which does not only demand professional skills in wallet and private key safekeeping, but also demands a distinct sense of judgment to identify questionable projects. Risks of team exit, vulnerabilities in smart contracts, and more may cause a loss of assets. Gate.io uses its expertise as an established exchange to provide its users easy access to DeFi yield farming. We also allocate the yield generated on a daily basis to make sure our users realize maximum interest.
Mars is an Ethereum-based, decentralized, standardized hashrate protocol. Mars Project combines standardized hash rate and liquidity mining while packing POW mining into an on-chain protocol. Providing a consistent POW mining output which could be acutely calculated at the very beginning, offering an advantage on mining stability. No more complicated variables on daily mining. MARS is distributed to users allowing them to Earn rewards from staking and liquidity providing (LP).,. The protocol consists of pBTC35A tokens and MARS tokens.
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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