According to an announcement from Soda.Finance, it will adjust the launch time of mining to September 18th, 0:00 AM UTC. Read more at https://medium.com/soda-finance/adjustment-of-token-distribution-and-launch-time-c8ca9ebfe012
When Soda.finance launches the DeFi liquidity mining service, the decentralized platform users can get high return by staking GT. At the same time, Gate.io will open lockup GT and earn SODA products to allow Gate.io users to earn passive income. Please follow us and stay turned.
Gate.io will start SODA trading when market is more stable. At its early stage, SODA is traded at a third party exchange.
Important: SODA is produced by staking mining, which incurs a high inflation rate thus imposing high pressure to market in a short term. The price is likely to fall drastically in the future. It is not recommended to nonprofessional traders. Furthermore, decentralized projects have the possibility of code vulnerabilities and project quick failure among other high risks. Please be aware of the project and the potential risks involved.
More investment products with stable earnings are coming soon. We have listed several DeFi liquidity mining related products, among which BTC flexible investments that are gaining an APR over 20% and ETH investment products are gaining APR over 40%. Please follow us and view more at:
https://www.gate.io/hodl
or tap HODL&Earn at Market screen on our APP.
DeFi liquidity mining has been gaining attention recently and the annualized return is quite high. But for the average user, the threshold of participating remains high, which does not only demand professional skills in wallet and private key safekeeping, but also demands a distinct sense of judgment to identify questionable projects. Risks of team exit, vulnerabilities in smart contracts, and more may cause a loss of assets.
For safety consideration, Gate.io only lists assets of broadly certified and audited DeFi mining projects. The earning currencies, such as CRV, YAM, SUSHI,and FARM, will be distributed to GT holders who lockup GT at Gate.io to further incentivize the Gate/GateChain DeFi eco. Gate.io will distribute the entire earnings to our users and charge no extra fee.
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Gate.io Team
September 16, 2020