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Lock up KSM & Earn，Join Kusama Slot Auction! (5 new projects updated)
Lock up KSM & Earn，Join Kusama Slot Auction! (5 new projects updated)
2021-06-16 11:16:32 UTC
55780 Lido
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.
Links of Projects
KSM slot auction had launched the following projects today:
KSM Slot: Lock-up KSM ＆ Earn MOVR：https://www.gate.io/hodl/605
KSM Slot: Lock-up KSM ＆ Earn KPN：https://www.gate.io/hodl/606
KSM Slot: Lock-up KSM ＆ Earn PKS：https://www.gate.io/hodl/607
KSM Slot: Lock-up KSM ＆ Earn KAZE：https://www.gate.io/hodl/608
KSM Slot: Lock-up KSM ＆ Earn CRU and CSM：https://www.gate.io/hodl/609
KSM Slot: Lock-up KSM ＆ Earn K-PHA：https://www.gate.io/en/hodl/595
KSM Slot: Lock-up KSM ＆ Earn KAR：https://www.gate.io/en/hodl/596
KSM Slot: Lock-up KSM ＆ Earn BNC：https://www.gate.io/en/hodl/597
KSM Slot: Lock-up KSM ＆ Earn SDN：https://www.gate.io/en/hodl/598
KSM Slot: Lock-up KSM ＆ Earn KSX：https://www.gate.io/en/hodl/599
KSM Slot: Lock-up KSM ＆ Earn CRING：https://www.gate.io/en/hodl/600
*Rate Subject to on-chain revenue
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.
Relative Readings:
Gate.io Blog: Will Polkadot_s Parachain Slot Be the Ticket to the Future?
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.
Gate.io Team
June 16, 2021
Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/referral
Click to Sign up ：https://www.gate.io/m#/register
Download it now at: https://www.gate.io/mobileapp
Follow us on social
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
Telegram：https://t.me/gateio
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Methods:
App: Click“Gate.io Finance on the Markets page.
Web: Click“Finance”on the top of the homepage.
Links of Projects
KSM slot auction had launched the following projects today:
KSM Slot: Lock-up KSM ＆ Earn MOVR：https://www.gate.io/hodl/605
KSM Slot: Lock-up KSM ＆ Earn KPN：https://www.gate.io/hodl/606
KSM Slot: Lock-up KSM ＆ Earn PKS：https://www.gate.io/hodl/607
KSM Slot: Lock-up KSM ＆ Earn KAZE：https://www.gate.io/hodl/608
KSM Slot: Lock-up KSM ＆ Earn CRU and CSM：https://www.gate.io/hodl/609
KSM Slot: Lock-up KSM ＆ Earn K-PHA：https://www.gate.io/en/hodl/595
KSM Slot: Lock-up KSM ＆ Earn KAR：https://www.gate.io/en/hodl/596
KSM Slot: Lock-up KSM ＆ Earn BNC：https://www.gate.io/en/hodl/597
KSM Slot: Lock-up KSM ＆ Earn SDN：https://www.gate.io/en/hodl/598
KSM Slot: Lock-up KSM ＆ Earn KSX：https://www.gate.io/en/hodl/599
KSM Slot: Lock-up KSM ＆ Earn CRING：https://www.gate.io/en/hodl/600
*Rate Subject to on-chain revenue
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.
Relative Readings:
Gate.io Blog: Will Polkadot_s Parachain Slot Be the Ticket to the Future?
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.
Gate.io Team
June 16, 2021
Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/referral
Click to Sign up ：https://www.gate.io/m#/register
Download it now at: https://www.gate.io/mobileapp
Follow us on social
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
Telegram：https://t.me/gateio
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
