お知らせLock up KSM & Earn,Join Kusama Slot Auction!(projects are continually being updated)
Lock up KSM & Earn,Join Kusama Slot Auction!(projects are continually being updated)
2021-06-15 12:32:43 UTC
65629 読む
In order to support the Kusama Parachain
Slot Auction, we launched a special HODL & Earn project. Users can
simply lock up KSM to support projects which take part in the auction,
and earn on-chain rewards! New users sign up at Gate.io to participate.
Methods:
App: Click“Gate.io Finance on the Markets page.
Web: Click“Finance”on the top of the homepage.
KSM slot auction will be launching the following projects tomorrow: Moonriver(Prize Pool:MOVR): links will be updated soon, please stay tuned Crust Network (Prize Pool:CRU/CSM): links will be updated soon, please stay tuned
Procedure
1. KSM Lockup & Earn Participation: Users can deposit or buy KSM to join and support different projects in the Auction. Project details:
2. KSM Slot Auction: Auction
will be conducted on chain, please keep an eye on the result. If the
project you support fails in the auction, the funds of KSM you locked
will be returned with no interest.
3. Interest Distribution:
When the project you support wins the auction, we will distribute
interest according to the annual interest rate on-chain. Once the funds
on KSM on-chain are unlocked in advance, we will also release the KSM to
users right away.
Rules:
1. Lockup token: KSM
2. Interest token: KAR, BNC, K-PHA, SDN, KSX, CRING
3. Fees: 0
4. Annual interest rate is subject to the rate on chain
5. Start time 2021-06-14 14:00 UTC+8
6. When the project you support wins the auction, we will distribute interest according to the annual interest rate on-chain.
7. Once the funds on KSM on-chain are unlocked in advance, we will also release the KSM to users right away.
8. If the project you support fails in the auction, the funds of KSM you locked will be returned with no interest.
*
1. Other supported projects in the auction will be updated later on Gate.io Finance.
2. Gate.io only serves as the platform to provide users with services
for participating in the auction, and does not bear any financial losses
caused by the project party or the security of the chain.
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.
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.