GT is going to add more DeFi liquidity mining product in the near future. AT September 14, 4:AM UTC, Gate.io is going to start GT Lockup& Earn #6, where participants can lockup GT to get ULU reward from liquidity mining.
To participate, visit its website: https://www.gate.io/hodl/136
or tab HODL&Earn at Market screens on our APP.
Rules:
1. Lockup currency: GT
2. Lockup Cap: 5-10 million GT (subject to change)
3.Floating interest rate, subject to change
4. Earning distribution: airdrop ULU earnings on a daily basis
5.CT locked up for DeFi liquidity mining investment products does not have any impact on the holder’s average GT holding statistics, nor does it affect the holder’s eligibility of enjoying other benefits at Gate.io
6.The DeFi projects have been hyped. The annualized return rate of liquidity mining is quite high at the moment as a result of high token market value, which is likely to decrease as price decrease and back to a more rational market. Please note, we will distribute the mining reward based on the actual reward received. The reward is subject to change.
DeFi liquidity mining has been gaining steam recently and the annualized return is quite high. But for average user, the threshold of participating remains high, which does not only demand professional skills in wallet and private key safekeeping, but also demand an eagle eye to identify problematic projects. Risks of team exit, vulnerabilities in smart contract, and more may cause loss of assets.
For safety consideration, Gate.io only put asset in broadly proven 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 whole earnings to our users and charge no extra fee.
More investment products with stable earnings are coming soon. Please follow us and stay tuned.
Visit more at :https://www.gate.io/hodl
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