Gate.io has added YieldGuildGames(YGG) margin trading (YGG/USDT), allowing up to 3X leverage.
At the same time, margin lendin g and borrowing of the coin are available. You can lend your YGG to earn passive income (3.65%-365% APR).
Margin trading allow long and short positions and can facilitate price discovery as well as forming a more stable market. As a trader, you can borrow YGG to short it or borrow USDT to long it. For holders, you can lend your YGG to margin traders to earn interest on your holdings.
The Gate.io lending market is a peer to peer market where all the loans and borrowings are made between users. Gate.io does not participate in lending or borrowing.
Trade YGG at
https://www.gate.io/margin_trade/YGG_USDT
Borrow YGG at
https://www.gate.io/margin/borrow/YGG_USDT
Lend YGG at
https://www.gate.io/margin/lend/YGG
Deposit YGG at
https://www.gate.io/myaccount/deposit/YGG
About YGG
Yield Guild Games (YGG) is a play-to-earn gaming guild, bringing players together to earn via blockchain-based economies. We are the settlers of new worlds in the metaverse. Yield Guild Games is a DAO investing in yield generating NFT assets used in play to earn games and virtual worlds
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Gate.io Team
July 29, 2021