Gate.io HODL & Earn: Lock BENQI To Earn 100% APR（Phase 1）
The Lock BENQI & Earn #1 (term 14 days) will launch at 8:00 UTC on September 27th at Gate.io 's“HODL& Earn” section, with an estimated reward of 100% P.A.
Web users can use the link to purchase - https://www.gate.io/hodl/784 while app users can tap the "HODL & Earn" icon on the Market screen.
Rules of Lock BENQI to Earn #1 (Term 14 days)
1、Token: BENQI
2、Handling Fee: 0
3、Annual Interest Rate:100%
4、Start Time: 2021-09-27 08:00 UTC
5、The principal and interest will be distributed when the lock-up period ends
6、End Time: 2021-10-11 08:00 UTC
About BENQI
BENQI is a non-custodial liquidity market protocol, built on Avalanche. The protocol enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors providing liquidity to the protocol may earn passive income, while borrowers are able to borrow in an over-collateralized manner.
Important notice:
Locking
your asset for a certain term is required. Your asset and interest will
not be available until the end of the lockup term. If there is any
price fluctuation on the market, you are unable to unlock and trade
immediately. And the interest received may not be sufficient to cover
the loss caused by the price change. Please fully understand the risks.
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Gate.io Team
September 27, 2021
