The YLD token is now LIVE on leading Asia-based cryptocurrency exchange gate.io. Following a successful voting period on gate.io, in which the YLD /USDT pair garnered more than 15 million user votes, YLD began trading on Monday, June 21st at 04:00 UTC.
Gate.io’s “listing vote” is a new feature designed to facilitate the listing of more high-quality projects on the platform. Through it, participants can vote for a selection of projects, with those that attract 10 million votes or more selected for listing on Gate.io. All voters have a chance to win an airdrop of the project token according to the ratio of the votes they contributed to the number of votes in total.
By 02:00 AM UTC, Jun 21st, 4,866 participants had contributed a total of 15,468,861 votes for the YLD /USDT pair to be listed on gate.io. Every user that voted is eligible for a share of 16,270 YLD ($5,000 USD) airdrop rewards, with the top 10 voters already announced on the gate.io website. In addition, YIELD App and gate.io are giving away a further $5,000 in YLD to new and existing users.
The first 600 users to deposit at least 1,300 YLD on gate.io will also be in with a chance to win a share of 9,760 YLD tokens ($3,000 USD) (fill in the form and participate HERE), while more than $300 of YLD will be distributed via Twitter over 7 days of giveaway events and competitions. After the event, 10 lucky winners will be drawn at random.
YIELD App will also be holding a Telegram AMA with the gate.io community. During the Q&A period, 1,625 YLD ($500) of airdrop benefits will be given out. Details of the event will be announced on Gate.io Twitter and Telegram, so stay tuned to participate.
Commenting on YLD’s listing with gate.io, Tim Frost, CEO of YIELD App, says: “This is a really exciting listing for us. We have been fans of gate.io for a while and have been eagerly anticipating this launch. It is really important to us that our token is available to as many users as possible all over the world, and gate.io’s strong presence in Asia is really key for us.
“Our mission has long been to open up DeFi and its high yielding opportunities to everyone, and raising awareness of our project through listings in key markets like Asia is a big part of achieving that. We look forward to welcoming new users onto our platform to earn up to 20% APY on their USDT, USDC and ETH with their YLD tokens.”
Gate.io was established in 2013 and it is now one of the world’s leading on-blockchain digital asset trading platforms. Over its seven years of operation, the team has striven to build and grow a safe, stable, transparent and trustworthy cryptocurrency exchange.
With careful project selection and zero listing fees, Gate.io is frequently ranked among the world’s top 10 exchanges for authentic trading volume, deposit volume, cybersecurity and transparency. In 2020 Gate.io become the first mainstream blockchain asset trading platform to offer fully audited proof that it is 100% collateralized.
YIELD App is a licensed FinTech company that enables anyone to invest in decentralized finance at the touch of a button. Thanks to our intuitive web platform, users around the world can start earning returns from DeFi without having to go through a lengthy, complex, and often costly learning process.
Users of the YIELD App platform simply deposit their digital assets to earn an APY of up to 20%. At the core of our strategy is our YLD token, which rewards loyal community members with a higher yield the more YLD they hold in their on-platform wallets. For more information, visit yield.app.