In order to support the Kusama Parachain Slot Auction, Gate.io has launched a special HODL & Earn project. The 8th parachain auction launched on September 15th at 12:00 UTC. Users can lock up KSM to support projects which take part in the auction, and simultaneously earn on-chain rewards! New users sign up at Gate.io to participate. KSM slot auction had launched the following projects today: KSM Slot: Lock-up KSM ＆ Earn AIR: https://www.gate.io/hodl/765 Other Projects: KSM Slot: Lock-up KSM ＆ Earn TEER: https://www.gate.io/hodl/759 KSM Slot: Lock-up KSM ＆ Earn KINT: https://www.gate.io/hodl/760 KSM Slot: Lock-up KSM ＆ Earn SKU: https://www.gate.io/hodl/730 KSM Slot: Lock-up KSM ＆ Earn SGB: https://www.gate.io/hodl/729 KSM Slot: Lock-up KSM ＆ Earn XRT: https://www.gate.io/hodl/727 KSM Slot: Lock-up KSM ＆ Earn PICA: https://www.gate.io/hodl/725 KSM Slot: Lock-up KSM ＆ Earn GENS: https://www.gate.io/hodl/724 KSM Slot: Lock-up KSM ＆ Earn PKS: https://www.gate.io/hodl/607 KSM Slot: Lock-up KSM ＆ Earn KAZE: https://www.gate.io/hodl/608 KSM Slot: Lock-up KSM ＆ Earn CRU and CSM: https://www.gate.io/hodl/609 KSM Slot: Lock-up KSM ＆ Earn KSX: https://www.gate.io/hodl/599 KSM Slot: Lock-up KSM ＆ Earn CRING: https://www.gate.io/hodl/600 KSM Slot: Lock-up KSM ＆ Earn KILT: https://www.gate.io/hodl/726(removed) KSM Slot: Lock-up KSM ＆ Earn KPN: https://www.gate.io/hodl/606(removed) KSM Slot: Lock-up KSM ＆ Earn KMA: https://www.gate.io/hodl/728(removed) Rate Subject to on-chain revenue Methods: App: Click“Gate.io Finance on the Markets page. Web: Click“Finance”on the top of the homepage. Procedure 1. KSM Lockup & Earn Participation: Users can deposit or buy KSM to join and support different projects in the Auction. Project details: 2. KSM Slot Auction: Auction will be conducted on chain, please keep an eye on the result. If the project you support fails in the auction, the funds of KSM you locked will be returned without interest. 3. Interest Distribution: When the project you support wins an auction, we will distribute interest according to the annual interest rate on-chain. Once the funds on KSM on-chain are unlocked in advance, we will also release the KSM to users right away. Rules 1. Lockup token: KSM 2. Interest token: KPN(removed), PKS, KAZE, CRU and CSM, KSX, CRING, SKU, SGB, KMA(removed), XRT, KILT(removed), PICA, GENS、TEER、KINT、AIR 3. Fees: 0 4. Annual interest rate is subject to the rate on chain 5. When the project you support wins the auction, we will distribute interest according to the annual interest rate on-chain. 6. Once the funds on KSM on-chain are unlocked in advance, we will also release the KSM to users right away. 7. If the project you support fails in the auction, the funds of KSM you locked will be returned with no interest. 1. Other supported projects in the auction will be updated later on Gate.io Finance. 2. Gate.io only serves as the platform to provide users with services for participating in the auction, and does not bear any financial losses caused by the project’s team or the security of the chain. Gate.io is a Cryptocurrency Trading Platform Since 2013 Top ranking, Trustworthy, Transparent Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now. Follow us on social media Twitter: https://twitter.com/gate_io Telegram：https://t.me/gateio Instagram：https://www.instagram.com/gateioglobal Medium：https://medium.com/@gateio Gate.io Team September 16th, 2021