According to Gate News bot, the latest announcement states that Gate Simple Earn has launched an additional rewards activity for the ETH 7-day fixed-term financial product.
This product adds an extra rewards pool on top of the existing foundation, allowing users to enjoy a 10% annual yield bonus on their subscriptions, making the overall annual yield rate reach up to 11.9%. The rewards pool is set with a total of 14,285 ENSO tokens as additional rewards.
ENSO is an integrated platform dedicated to connecting various blockchain networks, supporting developers in building composable applications and providing services for Web2 and Web3 users. Rewards will be distributed daily in the form of ENSO tokens, using a first-come, first-served allocation mechanism.
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