Gate.io HODL ＆ Earn ELT #1 will be available at Gate.io's “HODL & Earn” under the flexible-term section. The interest rate is variable and the investment term is 28 days. Investors can subscribe to the product with no lock-up.
What? Flexible Staking & Earn ELT #1
When? 9:00 UTC, August 5th
Who? All gate.io users (KYC approved)
Rules of Flexible Staking & Earn ELT #1:
1) Subscribe directly, no need to lock up the token
2) Start Position: 1 ELT
3) Estimated annualized return is about 50%
4) Interest is calculated based on the 7-day average amount of token in position (excluding borrowed positions) and is distributed every day.
EdenLoop (ELT) Project
EDEN LOOP’s block loop system works similarly to Google’s web crawling technology on the blockchain. It categorizes and analyzes NFT-related DBs with countless algorithms on the blockchain,then collects and connects the information on EDEN LOOP’s platform. This information provides insight related to NFT. Furthermore, NFTs around the world are searchable on EDEN LOOP’s platform through its UI and can also be transacted.
Locking your asset for a certain period of time is required. Your asset and interest will not be available until the end of the lockup term. You are unable to unlock and trade during that period of time, even if there are price fluctuations on the market. The interest received may not be sufficient enough to cover the losses caused by the price change. Please fully understand the risks.
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