Gate.io launched the ESD locked staking product, estimated reward ranging from 500%-3000%.P.A. You can now lock ESD and earn a reward. The yield is released daily based on the average ESD held over a period of 7 days.
The reward of the algorithmic stablecoin comes from token release after a positive supply adjustment, which varies greatly each day. Please note: Gate.io will keep the minimum exposure and transfer times in an effort to lower potential risks. As a result, the staking reward % on Gate.io may not be consistent with the onchain yield, but will have less risks and lower entry barriers for users.
About ESD
Empty Set Dollar (ESD) is an algorithmic stablecoin built to be the reserve currency of Decentralized Finance. The protocol is centred around an ERC-20 token: ESD. This token acts both as the stabilized dollar and as the governance token for the protocol.
More investment products with stable earnings are coming soon. Please follow us and stay tuned.
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