Gate.io HODL & Earn launched the first "Weekly Hold & Earn (7 days)" products for major cryptocurrencies on the 31st of July. Since September 1st, Gate.io has also launched 'Weekly HODL & Earn' DeFi Special Offer with no lock-up period required. All these products have received an overwhelming response from our community, among which the DeFi Special Offer: PoS & Earn USDT #2 (7 days) was sold out in only 29 minutes. (enter the HODL & Earn page via https://www.gate.io/hodl)
To cater to user demand, Gate.io is rolling out another special ‘Weekly HODL & Earn’ major tokens rewards including BTC, ETH and USDT. No lock-up period is required. The interest will be distributed every 7 days! Users are able to deposit and withdraw the tokens at any moment.
Gate.io ‘Weekly HODL & Earn’: PoS & Earn BTC#1 (7 days) and Gate.io ‘Weekly HODL & Earn’: PoS & Earn ETH#1 (7 days) will be launched at 08:00 AM GMT September 9th, 2020 (Wednesday) at the same time and Gate.io ‘Weekly HODL & Earn’: PoS & Earn USDT#1 (7 days) will be launched at 08:00 AM GMT September 10th, 2020 (Thursday). Total amounts to be locked for BTC and ETH are 500 BTC and 10,000 ETH, respectively, with an annual interest rate of 4% for both. Total amounts to be locked for USDT will be 10,000,000 USDT with an annual interest rate of 5%. The quota is limited so the products will be sold on a first-come-first-served basis.
The details are as follows:
Web Users can purchase via (App users can click on HODL & Earn):
Gate.io ‘Weekly HODL & Earn’: PoS & Earn BTC#1 (7 days)：
Gate.io ‘Weekly HODL & Earn’: PoS & Earn ETH#1 (7 days)：
Gate.io ‘Weekly HODL & Earn’: PoS & Earn USDT#1 (7 days)：
Gate.io HODL & Earn
Gate.io’s ‘HODL & Earn’ belongs to a series of crypto-asset management tools that guarantee a stable profit with less risk. With Gate.io’s ‘HODL & Earn,’ users can earn interest with short or long term deposits. The Weekly HODL & Earn products started onJuly 31st and there will be new rounds launched every Tuesday and Friday, sold on a first-come-first-served basis. We will also launch more asset management tools for major cryptocurrencies and a wider selection of PoS & Earn products.
Purchase Rules for Gate.io ‘Weekly HODL & Earn’: PoS & Earn BTC｜ETH｜USDT#1 (7 days)：
1) Users can participate in the PoS & Earn by registering for the activity. No lock-up period required.
2) No handling fee required
3) The annual interest rate for BTC and ETH is 4% and for USDT is 5%.
4) The interest will be procured based on users' average 7-day USDT holdings (USDT borrowed is not included).
5) The interest will be distributed every 7 days.
6)After the end of each PoS & Earn round, users should manually participate in the next round of PoS & Earn.
7)Users are only allowed to purchase one type of product with the same token in the same period.
E.g. Tom has participated in the PoS & Earn: USDT from 04:00 AM GMT September 8th, 2020 to 06:00 AM GMT September 15th, 2020, so he is not allowed to participate in another PoS & Earn: USDT that will be held from 08:00 AM GMT September 10th, 2020 to 08:00 AM GMT September 17th, 2020.