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Announcements Gate.io HODL & Earn Launches ASS PoS Staking With 5% APR
Gate.io HODL & Earn Launches ASS PoS Staking With 5% APR
2021-07-21 07:28:45 UTC 70213 Read

Gate.io will send the full portion of the on-chain dividends to the users of the platform's position through the way of live PoS finance, according to the 14-day average holding (it is necessary to participate in live PoS finance, which does not affect buying, selling, deposit, and withdrawals). After that, Gate.io will count the total amount of on-chain transfer dividends received every 14 days and then distribute them to ASS position holders by way of current PoS finance.

The ASS PoS Mining & Earn is launched on Gate.io HODL & Earn 7:00 AM UTC on July 21th. The annual interest rate is 5%, which will be adjusted based on the amount of token mined. Web Users can use the link to purchase -https://www.gate.io/hodl/667, while app users can use HODL & Earn.


Rules for current wealth management:
1. For current wealth management, you don’t need to lock your position. You only need to sign up
2. Zero handling fee rate.
3. About 5% of annualized coin yield, and will be adjusted according to the network output.
4. Interest is calculated based on the 14-day average holding of the account (not counting the borrowed position).
5. Interest is paid every 14 days.
6. After the current period expires, you need to manually join the next period to continue to participate in PoS mining.

#About ASS
Australian Safe Shepherd is a community driven and fair launch token.


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Gate.io Team

July 21th, 2021

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