The Lock RAM & Earn (term 7 days) is going to launch at 8:00 UTC on July 2nd at Gate.io 's“HODL& Earn” section, with an estimated reward of 100% P.A.
Web users can use the link to purchase - https://gate.io/hodl/635 while app users can tap the "HODL & Earn" icon on the Market screen.
Rules of Lock RAM to Earn (Term 7 days)
1、Token: RAM
2、Handling Fee: 0
3、Annual Interest Rate:100%
4、Start Time: 2021-07-02 08:00 UTC
5、The principal and interest will be distributed when the lock-up period ends
6、End Time: 2021-07-09 08:00 UTC
About RAM
The Ramifi Protocol recalculates its total supply daily in order to maintain its' commodity based peg. Leveraging the fact that supply and demand dictate the price of the asset, we are able to maintain a peg while simulataneously creating a robust market. This makes the Ramifi eco infinitely scalable without the need for USD backing.
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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Gate.io Team
July 2, 2021