Gate Simple Earn has launched a new Holdings competition, with a chance to win up to 1 box of Moutai, and new users enjoy a 100% annualized interest rate increase.

Gate News bot news, according to the platform announcement on September 29.

Gate announced the launch of the second phase of the Yubibao holding challenge, which will take place from September 29 at 16:00 to October 14 at 16:00 (UTC+8). Users who complete the net USDT recharge and Yubibao USDT additional holding tasks within 30 days after registration will be eligible for rewards, with a chance to win up to 1 box of Flying Fairy Moutai.

The event sets multiple reward levels based on the user's net USDT recharge amount and the average new holding amount of USDT in the Yubi Treasure over the past 30 days. In addition, new users of Yubi Treasure who complete a purchase of USDT in the flexible or fixed term can receive an additional 100% annualized interest, with a limit of 1,000 USDT, for a 3-day interest rate coupon.

Users who are unable to receive physical rewards can receive compensation in the equivalent amount of USDT. A full box, 4 bottles, 2 bottles, and 1 bottle of Feitian Moutai correspond to compensation amounts of 1,680 USDT, 1,120 USDT, 560 USDT, and 280 USDT, respectively.