Gate.io has launched a 7-day termed “Lock GT to Get MPH Daily ” product at Gate.io HODL& Earn section. GT holders can lock GT for 7 days to earn MPH rewards from DeFi yield farming on a daily basis.
To participate, please visit https://www.gate.io/hodl/142
or tap HODL&Earn icon on the Markets screen on APP.
Rules:
1. Lockup currency: GT
2.Position cap: 10 million GT
3.Interest currency: MPH, distributed on a daily basis, based on actual rewards received
4.Floating interest rate, subject to change
5.CT locked up for DeFi yield farming investment products do 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
DeFi yield farming has been gaining attention 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 distinct sense of judgement to identify questionable projects. Risks of team exit, vulnerabilities in smart contract, and more may cause a loss of assets. Gate.io uses its expertise as an established exchange to provide our users an easy access to DeFi yield farming. We also allocate the yield generated on a daily basis to make sure our users realize maximized interest.
For safety consideration, Gate.io only put asset of broadly certified 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 entire 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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