As Chinese Valentine’s Day is approaching, Gate.io would like to take this opportunity to launch a new round of ‘Weekly HODL & Earn’ for BTC/ETH (7-day Lockup & Earn), and USDT (7-day PoS & Earn) on 4:00 AM GMT, August 25th, 2020. The Annual Percentage Rate (APR) is 7% for BTC and ETH, and 15% for USDT.
Below are the details:
Web Users can purchase via (App users can click on ‘HODL & Earn’):
Gate.io Weekly HODL & Earn: DeFi BTC (7 days) Special Offer:
https://www.gate.io/hodl/101
Gate.io Weekly HODL & Earn: DeFi ETH (7 days) Special Offer:
https://www.gate.io/hodl/102
Gate.io Weekly HODL & Earn: DeFi USDT (7 days) Special Offer:
https://www.gate.io/hodl/107
Gate.io HODL & Earn
Gate.io’s ‘HODL & Earn’ belongs to a series of crypto-asset management tools that guarantee a stable profit with less risk. With Gate.io’s ‘HODL & Earn,’ users can earn interest with short or long term deposits. The ‘Weekly HODL & Earn’ products started on July 31st and there will be new rounds launched every Tuesday and Friday, sold on a first-come-first-served basis. We will also launch more asset management tools for major cryptocurrencies and a wider selection of ‘PoS & Earn’ products.
Purchase Rules of ‘Weekly HODL & Earn’ DeFi Special Offer
1) Gate.io ‘Weekly HODL & Earn’ (DeFi) BTC Special Offer: The token to be locked is BTC, and users will also receive interest in BTC. The annual interest rate is 7%. The total amount of BTC to be locked is 100.
Gate.io ‘Weekly HODL & Earn’ (DeFi) ETH Special Offer: The token to be locked is ETH, and users will also receive interest in ETH. The annual interest rate is 7%. The total amount of ETH to be locked is 3,000.
Gate.io ‘Weekly HODL & Earn’ (DeFi) USDT Special Offer: The token for ‘PoS and Earn’ is USDT, and users will also receive interest in USDT. The annual interest rate is 15%. The total amount of USDT for ‘PoS and Earn’ is 5,000,000. For the USDT ‘Pos & Earn’, users do not have to have their USDT locked up. Instead, they can become a participant by simply making a ‘PoS & Earn’ registration, with no handling fee required. The interest will be distributed every 7 days based on users’ average 7-day USDT holdings (USDT borrowed is not included).
2) All sales start at 4:00 AM GMT August 25th, 2020. Sales prioritization is on a first-come first-served basis.
3) During the first 10 minutes of the launch, users need to be VIP tier 3 and above to participate. The purchase limit will be calculated based on users' GT holdings.
Below are the requirements for GT holdings:
4) Ten minutes after the launch, the campaign is open to all users regardless of their VIP tier or GT holdings; but hot products may have been sold out during the first ten minutes.
5) Principles and profits will be distributed after the ‘Weekly HODL & Earn’ round.
Please note that ‘Lock & Earn’ products are fixed-earning investment; once the user places an order, the principle will be locked up and interest will be procured until the lockup period expires; users cannot withdraw their funds in advance; please proceed with caution when making an investment.
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Spot Trading on Gate.io (200+ tokens):
https://www.gate.io/trade/BTC_USDT
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https://www.gate.io/margin_trade/BTC_USDT
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https://www.gate.io/futures_trade/BTC_USD
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https://www.gate.io/margin/lend/USDT
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Aug 23rd, 2020