The Lock TON & Earn (term 30 days) is going to launch 8:00 AM UTC on December 20th at Gate.io 's“HODL& Earn” section,with an estimated annualized yield of 30%. Web Users can use the link to purchase - https://gate.io/hodl/268, while app users can tap the "HODL & Earn" icon on the Market screen.
Rules of Lock TON to Earn (Term 30 days)
1. Lockup currency: TON. 2. Term: 30 days. 3. Estimated annualized yield: 30%. 4. Max cap: 10 Million TON tokens. The product is offered on a first-come, first-served basis. 5. Start: 2020-12-20 8:00 AM UTC 6. Interest and principal will be available at the end of the lockup term.
About TON TON is the next-generation blockchain platform with a sharding multi-chain technology. Due to the efforts of the previous Telegram team, TON is well supported by the Telegram, making it a more accessible blockchain platform for the 400-million users of Telegram. Because of the ban from SEC, Telegram had to stop TON in May, 2020. However, TON is too valuable to be abandoned. Now, it has been restarted by the community. In the plan of the community, TON will be redesigned to develop defi.
Important notice: Locking your asset for a certain term is required. Your asset and interest will not be available until the end of the lockup term. If there is any price fluctuation on the market, you are unable to unlock and trade immediately. And the interest received may not be sufficient to cover the loss caused by the price change. Please fully understand the risks.
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