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Gate.io 2nd Round of 7 th-Anniversary ETH Lock-up & Earn, Sold Out in 1 Hour

2020-05-06 15:35:49Read:29938

Gate.io has launched the 2nd round of the 7th-anniversary ETH Lock-up & Earn on May 6th (Wednesday). The total amount was 5000 ETH with an annual interest rate of 10%. Users were enthusiastic about the activity, and consequently, all the provided ETH was sold out exactly 66 minutes after the commencement of the Lock-up & Earn.

There were 205 participants in total in this Lock-up & Earn. The minimum purchase price was 1 ETH, and the maximum price was 50 ETH.

This purchase was allowed priority for Gate.io VIP and GT holders: during the first 10 minutes of the purchase, users needed to be VIP 3 and above to participate. The purchase limit was calculated based on users' GT holdings. After the first 10 minutes of the purchase, there were no VIP or GT holding requirements for participants.
However, please note that the product might have been sold out within the first 10 minutes.

For the announcement of Gate.io HODL & Earn Launches 2nd Round of the 7th-Anniversary ETH Lock-up & Earn, Annual Interest Rate 10%, please check here: https://www.gate.io/article/17457

For further details of 2nd Round of the 7th-Anniversary ETH Lock-up & Earn, please check here: https://www.gate.io/hodl/51

Preview of Next Round of the 7th-Anniversary Lock-up & Earn

Product: The 3rd round of 7th-anniversary EOS Lock-up & Earn
Time: May 13th, 2020 UTC 4:00
Annual Interest Rate: 10%
Total amount: 500,000 EOS
Minimum\maximum purchase price: 10-2,000 EOS

Web Users can use this link to purchase - https://www.gate.io/hodl/51, while app users can head over the HODL & Earn tab.

Gate.io HODL & Earn is launching 7 Lock-up & Earn products in total with major cryptocurrencies for the celebration, taking place from April 29th to June 10th. The ‘Halving’ will take place during the first BTC lockup. The total value of tokens to be locked will amount to $7,000,000; the annual interest rate will be 10%. The products are sold
on a first-come-first-served basis. For further details, please check here: https://www.gate.io/article/17429

Launching time of different major cryptos:

Attention: Once purchased, the principle will be locked immediately and will only be returned with the interest when the lock-up period finishes. The funds are not able to be withdrawn during the lock-up period. Losses incurred due to market volatility shall be borne by users. Please be aware of the market risks and use this feature with caution.



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Gate.io
May 6 ,2020



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