Your subscription to Gate.io Simple Earn Flexible Term will work as working capital for loan business on the platform. The system will lend your funds to other users, and the interest generated will be distributed to you as the annualized return of your subscription.

If your assets are borrowed at T o'clock, you will receive the interest earned during the following hour at T+1. However, if you redeem your assets before T+1, you will not receive any interest for the past hour. Interest received every hour will be invested automatically to earn compound interest. You can redeem both principal and interest at redemption.

The current estimated APR is the lowest APR at which Simple Earn funds can be successfully matched for lending and earning returns. It's calculated based on historical data and current market borrowing demands.

Simple Earn Flexible Term allows for real-time redemption. However, if we're processing too many redemption requests, there may be a delay in assets arrival. Please wait patiently after submitting the request and interest will keep accruing during the waiting period.

Simple Earn Fixed Term also allows for flexible redemption even before the order reaches maturity. However, early redemption will result in the loss of all accrued interest. The principal will be returned to your Spot Account or Unified Account within 24-48 hours after submitting the redemption request. Please note that early redemption is not supported within the last 1 hour before maturity.