Gate.io "HODL & Earn "ALGO PoS Staking #8 Launched , 2.5% APR-Announcements-Gate-币妈妈

Gate.io’s ‘HODL & Earn’ belongs to a series of crypto-asset management tools that guarantee a stable profit with less risk. With Gate.io’s ‘HODL & Earn,’ users can earn interest with temporary or fixed deposits. We will also launch asset management tools with major cryptocurrencies such as BTC and USDT, providing more ways for users to gain interest.

ALGO PoS Mining & Earn #8 has launched on Gate.io HODL & Earn. The annual interest rate is 2.5%, which will be adjusted based on the amount of tokens mined. Web Users can use the link to purchase - https://www.gate.io/hodl/931, while app users can tap HODL & Earn icon on Markets.

The participation rules are stated below.
1) To take part in PoS & Earn, users need to register themselves. However, token lock-up is not required
2) There is no handling fee.
3) The annual interest rate is 2.5%, which will be adjusted based on the number of tokens mined
4) The interest will be calculated based on the average amount of tokens in a position over a 14-day period, excluding the borrowed tokens
5) The interest will be distributed every 14 days
6) To continue to participate in the program, users need to operate manually

# Introduction to ALGO
Algorand, Inc. is a technology company founded by cryptography pioneer, Turing award winner and MIT professor, Silvio Micali. He designed the Algorand platform with an internationally recognized team of researchers, mathematicians, cryptographers, and economists from first principles guarantee true decentralization, scale and security.
Algorands consensus mechanism is permissionless and pure proof-of-stake. It ensures full participation, protection, and speed within a truly decentralized network. With blocks finalized in seconds, Algorands transaction throughput is on par with large payment and financial networks. And Algorand is the first blockchain to provide immediate transaction finality. No forking. No uncertainty.

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Reach out to us!
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Gate.io Team
December 1st

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Gate.io "HODL & Earn "ALGO PoS Staking #8 Launched , 2.5% APR-Announcements-Gate

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