The Lock DERI & Earn #1 (term 14 days) will launch at 8:00 UTC on October 25th 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/826 while app users can tap the "HODL & Earn" icon on the Market screen.
Rules of Lock DERI to Earn #1 (Term 14 days)
1、Token: DERI
2、Handling Fee: 0
3、Annual Interest Rate:100%
4、Start Time: 2021-10-25 08:00 UTC
5、The principal and interest will be distributed when the lock-up period ends
6、End Time: 2021-11-08 08:00 UTC
About DERI
Deri Protocol is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. With Deri Protocol, trades are uted under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Having provided an on-chain mechanism to exchange risk exposures precisely and capital-efficiently, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.
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 21, 2021