Gate.io HODL & Earn: Lock CHAX To Earn 150% APR

The Lock ＆ Earn CHAX will be launched at the "Lock & Earn" of Gate.io HODL & Earn at 2024-2-3 8:00 UTC. Its interest rate is 150% APR and the investment term is 14 days.

How to subscribe:
App: Click Markets>Hodl & Earn>Lock & Earn
Earn Now: https://www.gate.io/hodl/2255
Join the GateEarn Telegram Group to learn more.

Rules of Lock-up ＆ Earn CHAX (14 days)
1.Start Position: 1,770 CHAX
2.Maximum Position: 289,400 CHAX
3.Start Time: 2024-2-3 8:00 UTC
*The principal and interest will be distributed when the lock-up period ends

Chamcha (CHAX)
CHAX is the exclusive token of the Chamcha platform, serving as the infrastructure for various Ordinals asset transactions within the Bitcoin ecosystem. With the Mutil Bridge technology, CHAX supports cross-chain operations between BRC and ERC and integrates the Lightning Network. The platform introduces a burning mechanism, regularly disclosing the amount burned, with the burning rate accelerating as the number of participants increases, aiming to maintain a relatively high CHAX price. The launch of the staking pool provides additional earning opportunities for CHAX holders, with approximately 2% of the circulating supply already staked. AI Yield Farming, utilizing AI models, helps select the most promising BRC20 assets, enabling CHAX participants to generate more income. In the future, the project plans to support Rollup L2 technology, and with ongoing development, various applications will gradually be implemented.

> You should fully understand that cryptocurrency prices are extremely volatile, and should make decisions with caution and manage risks rationally.

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Gate.io Team
February 3rd, 2024