WING Mining Reward Distribution Method &Trading Risk Warning

Gate.io has launched locking ONT to earn WING reward product and started releasing reward on a daily basis. However, . as a large amount of WING is going into circulation quickly at its early liquidity mining stage, the circulating supply quickly inflated. WING price has fell by 50% after its listing (at other exchanges) and the market pressure is still great as more coins into circulating. We give a high risk warning to the trading and discourage any Gate.io user from buying WING at its early stage ( the first 15 days produces the most). And we discourage any gate.io user from participatingin buying and holding any place as we regard the risk is extremely high.


As WING price decreases quickly, WING as reward will loss its value over time for users. Therefore, we will change the ONT reward to USDT and release on a daily basis. You may view your reward at My Billing Details.


Lock ONT and earn WING at https://www.gate.io/hodl/135
or tap HODL&Earn icon on the Markets screen on APP..


Rules:
1. Lockup currency: ONT
2.Interest currency: USDT
3.Floating interest rate, subject to change
4.Lockup ONT to participate in DeFi liquidity mining
5.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