The ETH Lock-up & Earn for 30 Days has will be launched on Gate.io HODL & Earn at UTC 4:00. October 10th. The total amount of ETH to be locked is 10,000 ETH. Web Users can purchase via (App users use HODL&Earn) https://www.gate.io/hodl/18
Gate.io HODL & Earn
Gate.io launches 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.
ETH Lock-up & Earn (30 Days) Purchase Rules
The purchase rules are as follows:
1) The token to be locked is ETH, user will also receive interests in ETH. The annual interest rate is 10%.
2) The purchase time starts at UTC 4:00, Thursday, October 10th, 2019. Users purchase at a first come first serve basis.
3) During the first 10 minutes of the purchase, users need to be VIP 3 and above to participate. The purchase limit will be calculated based on users’ GT holdings.
Below is the requirements for GT holdings:
4) After the first 10 minutes of the purchase, there are no VIP or GT holding requirements for participants. However, please note that the product might be sold out within the first 10 minutes.
5) The interests will be distributed to users when the lock-up period ends.
Attention: Once purchased, the principle will be locked immediately and will only be returned with the interest when the lock-up period finishes. The funds are not able to be withdrawn during the lock-up period. Losses incurred due to market volatility shall be borne by users. Please be aware of the market risks and use this feature with caution.
Gate.io is a trading platform that does not charge listing fee, only launches quality projects, and provides users with a 100% guarantee and instant deposit-withdrawal services.
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