Gate.io HODL & Earn: Lock FLURRY To Earn 100% APR（Phase 1）
The Lock FLURRY & Earn #1 (term 7 days) will launch at 8:00 UTC on October 12th 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/803 while app users can tap the "HODL & Earn" icon on the Market screen.
Rules of Lock FLURRY to Earn #1 (Term 7 days)
1、Token: FLURRY
2、Handling Fee: 0
3、Annual Interest Rate:100%
4、Start Time: 2021-10-12 08:00 UTC
5、The principal and interest will be distributed when the lock-up period ends
6、End Time: 2021-10-19 08:00 UTC
About FLURRY
Flurry is about enhancing the usability of DeFi. Users are not enjoying the benefits of DeFi products because of many negative user experiences. DeFi should be designed for everyone but not only for tech-savvys. Flurry aims to make the yield generation experience as simple and convenient for all users. Therefore, introducing rhotoken - a cross-chain token that will use its underlying stablecoins to generate yield farmed interest with lower fees and diversified risks.Earn: FLURRY protocol automates the yield generation.Trade: rhoToken is pegged 1:1 to the deposited stablecoin, whose value is tied to USD.Spend: Thus rhotoken can act as a medium of exchange.
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
October 8, 2021
