Announcements Gate.io HODL & Earn: Lock Karate Combat (KARATE) To Earn 150% APR

Gate.io HODL & Earn: Lock Karate Combat (KARATE) To Earn 150% APR

2023-05-19 08:56:30 UTC 10926 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
The [Lock ＆ Earn KARATE](https://www.gate.io/hodl/1778 "Lock ＆ Earn KARATE") will be launched at the "Lock & Earn" of Gate.io HODL & Earn at 2023-5-20 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/1778](https://www.gate.io/hodl/1778 "https://www.gate.io/hodl/1778")
Join the [GateEarn Telegram Group](https://t.me/gateio_GateEarn_en "GateEarn Telegram Group") to learn more.

![](https://gimg2.gateimg.com/image/article/1684475975KARATE_twi.jpg)

**Rules of Lock-up ＆ Earn KARATE (14 days)**
1.Start Position: 2900 KARATE
2.Maximum Position: 1,174,240 KARATE
3.Start Time: 2023-5-20 8:00 UTC
*The principal and interest will be distributed when the lock-up period ends

**Karate Combat (KARATE)**
The league, which was founded by tech and crypto entrepreneurs, targets a young, international demographic through cross-platform distribution, fast stand-up fights, and 3D CGI backgrounds rendered in Unreal Engine. Karate Combat’s assets were recently transferred in full to an ownerless foundation to enable the KarateDAO to facilitate web3 governance and gamification. Beyond real governance of the league, the primary initial utility for the KARATE token is to play Up Only Gaming. Players pick their favorite fighters for the chance to earn more tokens with no risk of loss. The more KARATE tokens a player has, the more they can win. Over time active players and winning fighters slowly dilute inactive fans. Centralized Permissions:Infinite minting

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Gate.io Team
May 19th, 2023

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