Gate.io HODL & Earn: Lock MOVR To Earn 100% APR（Phase 1）
The Lock MOVR & Earn #1 (term 14 days) had launched at 8:00 UTC on October 7th 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/795 while app users can tap the "HODL & Earn" icon on the Market screen.
Rules of Lock MOVR to Earn #1 (Term 14 days)
1、Token: MOVR
2、Handling Fee: 0
3、Annual Interest Rate:100%
4、Start Time: 2021-10-07 08:00 UTC
5、The principal and interest will be distributed when the lock-up period ends
6、End Time: 2021-10-21 08:00 UTC
About MOVR
Moonriver is a smart-contract blockchain on Kusama that strives to provide compatibility with the existing Ethereum developer toolchain and network. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonriver on Polkadot.It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks. This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.
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 7, 2021
