Gate.io has added Ergo(ERG) margin trading (ERG/USDT), allowing up to 3X leverage.
At the same time, margin lendin g and borrowing of the coin are available. You can lend your ERG to earn passive income (3.65%-365% APR).
Margin trading allow long and short positions and can facilitate price discovery as well as forming a more stable market. As a trader, you can borrow ERG to short it or borrow USDT to long it. For holders, you can lend your ERG to margin traders to earn interest on your holdings.
The Gate.io lending market is a peer to peer market where all the loans and borrowings are made between users. Gate.io does not participate in lending or borrowing.
Trade ERG at
https://www.gate.io/margin_trade/ERG_USDT
Borrow ERG at
https://www.gate.io/margin/borrow/ERG_USDT
Lend ERG at
https://www.gate.io/margin/lend/ERG
Deposit ERG at
https://www.gate.io/myaccount/deposit/ERG
About ERG
Ergo is a Resilient Platform for Contractual Money. It is designed to be a platform for applications with the main focus to provide an efficient, secure and easy way to implement financial contracts.
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Gate.io Team
Aug 23, 2021