Gate.io HODL & Earn: Lock Sommelier (SOMM) To Earn 150% APR

Announcements Gate.io HODL & Earn: Lock Sommelier (SOMM) To Earn 150% APR

2023-03-20 06:25:08 UTC 9804 Read

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The [Lock ＆ Earn SOMM]( https://www.gate.io/hodl/1694 "Lock ＆ Earn SOMM") will be launched at the "Lock & Earn" of Gate.io HODL & Earn at 2023-3-20 8:00 UTC. Its interest rate is 150% APR and the investment term is 14 days.

How to subscribe:
App: Click Markets>Hodl & Earn>Lock & Earn
Earn Now:[ https://www.gate.io/hodl/1694]( https://www.gate.io/hodl/1694 " https://www.gate.io/hodl/1694")
Join the [GateEarn Telegram Group](https://t.me/gateio_GateEarn_en "GateEarn Telegram Group") to learn more.

![](https://gimg2.gateimg.com/image/article/1679239726hodl0317SOMM_twi.jpg)

Rules of Lock-up ＆ Earn SOMM (14 days)
1.Start Position: 30  SOMM
2.Maximum Position: 18,630 SOMM
3.Start Time: 2023-3-20 8:00 UTC
*The principal and interest will be distributed when the lock-up period ends

Sommelier (SOMM)
Sommelier is a decentralized asset management protocol that enables dynamic, automated DeFi vaults. Vaults can do portfolio management, trade long or short, borrow and lend, or even farm. By harnessing the power of off-chain computation, Sommelier vaults can adapt to changing market conditions, which allows them to be more effective than the static vaults typically seen in DeFi. All vaults on the Sommelier platform are enabled by audited smart contracts and controlled by protocol governance.

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Gate.io Team
March 20th, 2023

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