Gate.io HODL & Earn Launches Cosmos (ATOM) PoS & Earn (Issue 3), Annual Interest Rate 16%
Gate.io has launched HODL & Earn, a series of crypto-asset management tools that promises stable profit and lower risks. With Gate.io HODL & Earn, user can earn interest with current or fixed deposits. We will also launch asset management tool with major crypto currencies such as BTC and USDT, providing more ways for users to gain interest.
The ATOM PoS Mining & Earn (Issue 3) is launched on Gate.io HODL & Earn. The annual interest rate is 16%, which will be adjusted based on the amount of token mined. Web Users can use the link to purchase -https://gate.io/hodl/47, while app users can use HODL & Earn.
The participation rules are stated below.
1) To participate in PoS & Earn, users need to join but do not need to lock-up the token
2) There is no handling fee.
3) The annual interest rate is 7%-20% and will be adjusted based on the amount of token mined.
4) The interest will be calculated based on the average amount of token in position over a 14-day period borrowed token excluded.
5) The interest will be distributed every 14 days.
6) To continue to participate in the program, users need to operate manually.
Introduction to ATOM
Cosmos is a decentralized network of independent parallel blockchains, each powered by BFT consensus algorithms like Tendermint consensus.
In other words, Cosmos is an eco of blockchains that can scale and interoperate with each other. Before Cosmos, blockchains were siloed and unable to communicate with each other. They were hard to build and could only handle a small amount of transactions per second. Cosmos solves these problems with a new technical vision. In order to understand this vision we need to go back to the fundamentals of blockchain technology.
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April 17, 2020
