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Gate.io HODL & Earn Launches Farmland Protocol (FAR) PoS Staking With 360% APR
Gate.io HODL & Earn Launches Farmland Protocol (FAR) PoS Staking With 360% APR
2021-03-18 13:29:56 UTC
67428 Read
Gate.io’s ‘HODL & Earn’ belongs to a portfolio 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 ways for users to earn higher interest.
The Farmland Protocol (FAR) PoS Mining & Earn launched on Gate.io HODL & Earn. The annual interest rate of 360% will be adjusted based on the amount of token mined. Web Users can use this link to purchase -https://www.gate.io/hodl/422, while app users can select HODL & Earn .
Buy FAR to participate：
https://www.gate.io/trade/FAR_USDT
https://www.gate.io/trade/FAR_ETH
The participation rules are stated below：
1) To participate in PoS & Earn, users need to register . However, token lock-up is not required
2) No handling fee being charged by Gate.io
3) The annual interest rate of 360%will be adjusted based on the number of tokens mined
4) Interest will be calculated daily based on the average amount of tokens in a position over a 14-day period, excluding the borrowed tokens
5) Interest is distributed daily and the participation threshold is 140 FAR for a 14-day average position.
6) To continue to participation in the program, users need to manually re-subscribe
*14-day average holding FAR (including Spot Balance and pending order lock portion, Margin portion, spot transfer to Margin account portion, Margin Borrowing USDT buy FAR portion and deducting Margin Borrowing FAR portion of funds) user's earnings are based on the 14-day average holding FAR in the user's account, if you do not want to impact your returns, please do not reduce your FAR position until settlement.
Examples：
1. UserA has never held FAR before and buys & holds 2000 FAR on the day before the POS staking, UserA's 14-day average number of FAR held = 2000 / 14 days = 142 FAR which meets the activity requirement.
2. UserB holds 142 FAR every day for 14 days before the start of the finance, i.e. he ensures that the average number of FAR held for 14 days is more than 140 which meets the activity requirement.
#Introduction to FAR
Farmland Protocol is a platform with Proof of Stake consensus, built on various cross-chain protocols, for yield farming, lending and other DeFi purposes. Farmland integrates with the most popular cross-chain protocols, developing Farmland’s new cross-chain and governance tools that mint cross-chain assets like farmBTC, farmEOS, etc.
Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.
Gate.io Team
March 19, 2021
Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/referral
Click to Sign up ：https://www.gate.io/m#/register
Download it now at: https://www.gate.io/mobileapp
Follow us on social
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
Telegram：https://t.me/gateio
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
The Farmland Protocol (FAR) PoS Mining & Earn launched on Gate.io HODL & Earn. The annual interest rate of 360% will be adjusted based on the amount of token mined. Web Users can use this link to purchase -https://www.gate.io/hodl/422, while app users can select HODL & Earn .
Buy FAR to participate：
https://www.gate.io/trade/FAR_USDT
https://www.gate.io/trade/FAR_ETH
The participation rules are stated below：
1) To participate in PoS & Earn, users need to register . However, token lock-up is not required
2) No handling fee being charged by Gate.io
3) The annual interest rate of 360%will be adjusted based on the number of tokens mined
4) Interest will be calculated daily based on the average amount of tokens in a position over a 14-day period, excluding the borrowed tokens
5) Interest is distributed daily and the participation threshold is 140 FAR for a 14-day average position.
6) To continue to participation in the program, users need to manually re-subscribe
*14-day average holding FAR (including Spot Balance and pending order lock portion, Margin portion, spot transfer to Margin account portion, Margin Borrowing USDT buy FAR portion and deducting Margin Borrowing FAR portion of funds) user's earnings are based on the 14-day average holding FAR in the user's account, if you do not want to impact your returns, please do not reduce your FAR position until settlement.
Examples：
1. UserA has never held FAR before and buys & holds 2000 FAR on the day before the POS staking, UserA's 14-day average number of FAR held = 2000 / 14 days = 142 FAR which meets the activity requirement.
2. UserB holds 142 FAR every day for 14 days before the start of the finance, i.e. he ensures that the average number of FAR held for 14 days is more than 140 which meets the activity requirement.
#Introduction to FAR
Farmland Protocol is a platform with Proof of Stake consensus, built on various cross-chain protocols, for yield farming, lending and other DeFi purposes. Farmland integrates with the most popular cross-chain protocols, developing Farmland’s new cross-chain and governance tools that mint cross-chain assets like farmBTC, farmEOS, etc.
Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.
Gate.io Team
March 19, 2021
Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/referral
Click to Sign up ：https://www.gate.io/m#/register
Download it now at: https://www.gate.io/mobileapp
Follow us on social
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
Telegram：https://t.me/gateio
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
