AnnouncementsGate.io High Yield Product Series: Lock PBTC35A and Earn BTC&MARS #2, with 60% APY
Gate.io High Yield Product Series: Lock PBTC35A and Earn BTC&MARS #2, with 60% APY
2021-01-28 09:24:40 UTC
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In order to celebrate the Lunar New Year with global users, Gate.io is going to launch a series of special high yield products. Great luck will be grasped in the Lunar Year of the Bull.
The Lock PBTC35A and Earn BTC&MARS #2 is going to launch 10:00 AM UTC on January 28 at Gate.io 's“HODL& Earn””section,with lockup term of 7 days. The product uses a floating interest rate, about 60%, and the Earn currencies are BTC & MARS. the total Lock Amount is 1560 PBTC35A.
Rules of the PBTC35A Lock & Earn Product
1. Lockup currency: PBTC35A
2. Zero handling fee
3. Earn currencies: BTC & MARS. The reward rate is a floating interest rate. Reward is distributed daily based on participant's average PBTC35A held over a period of 7 days
4. The reward comes from the actual onchain yield minus cost, which may vary from day to day.
5.DeFi liquidity mining has been gaining attention recently and the annualized return is quite high. But for the average user, the threshold of participating remains high, which does not only demand professional skills in wallet and private key safekeeping, but also demands a distinct sense of judgment to identify questionable projects. Risks of team exit, vulnerabilities in smart contracts, and more may cause a loss of assets. Gate.io uses its expertise as an established exchange to provide its users easy access to DeFi yield farming. We also allocate the yield generated on a daily basis to make sure our users realize maximum interest.
#pBTC35A(PBTC35A)
Mars is a Ethereum-based, decentralized standardized hashrate protocol. Mars Project combines standardized hashrate product and liquidity mining together, packing POW mining into an on-chain protocol. It provides a consistent POW mining output which could be acutely calculated in the very beginning, offering an edge for users on mining stability. No more complicated variables on daily mining from now on. On the other hand, MARS token would be distributed to users in this project. Earning reward from staking and liquidity providing (LP), shorten the distance of DeFi to Bitcoin community. The protocol consists of pBTC35A tokens and MARS token.
More investment products with stable earnings are coming soon. Please follow us and stay tuned.
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