Gate.io HODL ＆ Earn MBX #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 MBX #1
When? 9:00 UTC, August 9th
Who? All gate.io users (KYC approved)
Rules of Flexible Staking & Earn MBX #1:
1) Subscribe directly, no need to lock up the token
2) Start Position: 1 MBX
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.
Marblex (MBX) Project
MARBLEX is a blockchain subsidiary of Netmarble Corp., powered by game-based blockchain service. MARBLEX aims to bring the highest quality blockchain games to market with AAA titles. A well-established company with over 6,000 collaborative employees, including game industry veterans and blockchain technology experts from across the globe. By providing services such as a cryptocurrency wallet, decentralized exchange, token staking, and NFT Marketplace, MARBLEX allows users to experience an optimal blockchain-based game ecosystem.
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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