Gate.io HODL & Earn Stepwatch (SWP) #1: Flexible Staking
Gate.io HODL ＆ Earn SWP #1 will be available at Gate.io's “HODL & Earn” under the flexible-term section. The interest rate is variable and the investment term is 28 days. Investors can subscribe to the product with no lock-up.
Rules of Flexible Staking & Earn SWP #1:
1) Subscribe directly, no need to lock up the token
2) Start Position: 1 SWP
3) Estimated annualized return is about 50%
4) Interest is calculated based on the 7-day average amount of token in position (excluding borrowed positions).
Stepwatch (SWP) Project
StepWatch is a WEB3 fitness and health tracking mobile application that incorporates NFT Move-To-Earn and social networking elements. It is a place where you can get rewards through walking, jogging and gym. You need a free Watch to participate in the Platform, or you need to purchase an NFT watch first. Walking, running, and physical training can then enable you to obtain Cryptocurrency and other NFTs in the Platform and the items you earned can be used for in-platform activities or can be traded on the platform.
Locking your asset for a certain period of time is required. Your asset and interest will not be available until the end of the lockup term. You are unable to unlock and trade during that period of time, even if there are price fluctuations on the market. The interest received may not be sufficient enough to cover the losses caused by the price change. Please fully understand the risks.
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