Gate.io HODL & Earn: Flexible Staking Sommelier (SOMM)

FlexibleStaking&EarnSOMMisenabledonGate.ioHodl&Earnundertheflexible-termsection.Itsinterestrateisvariableandtheinvestmenttermis28days.Investorscandirectlysubsbribetotheproductwithnolock-up.

Howtosubscribe:

App:ClickMarkets>Hodl&Earn>FlexibleTerm>FlexibleStaking

Web:https://www.gate.io/hodl/1739

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RulesofFlexibleStaking&EarnSOMM(28days)

Flexiblestaking,directlysubscribetoitandhavenoneedtolockupthetoken

1.StartPosition:1SOMM

2.Annualizedyield:FloatingInterestRate

3.StartTime:2023-4-2217:00UTC

4.Theinterestiscalculatedbasedonthe7-dayaverageamountoftokeninposition(excludingborrowedpositions).

5.Note:Iftheinterestdistributioniscompletedduringtheinvestmentperiodorthetotalsub_ionamountisunusual,theprojectmaybedelistedinadvance.

Sommelier(SOMM)

Sommelierisadecentralizedassetmanagementprotocolthatenablesdynamic,automatedDeFivaults.Vaultscandoportfoliomanagement,tradelongorshort,borrowandlend,orevenfarm.Byharnessingthepowerofoff-chaincomputation,Sommeliervaultscanadapttochangingmarketconditions,whichallowsthemtobemoreeffectivethanthestaticvaultstypicallyseeninDeFi.AllvaultsontheSommelierplatformareenabledbyauditedsmartcontractsandcontrolledbyprotocolgovernance.

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Gate.ioTeam

April21st,2023

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