Konomi Network Staking Announcement on Gate.io

2 min readJun 22, 2021


Konomi Network is a devolved money maker protocol on Polkadot’s Substrate Framework. Konomi is working to provide active money markets across the entirety of the Polkadot ecosystem, where users can borrow, lend, trade, earn interest and access liquidity products for DOTs through protocol.

Konomi Network is over the moon to announce the launch of The Lock KONO & Earn” (Term 7 Days) on June 22nd at Gate.io’s HODL & Earn section, with an estimated reward of 100% P.A.

Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. They charge zero listing fees and only choose quality and promising projects. Their exchange also consists of only 100% of real trading volume.

How to Participate

Participants can use the direct link to purchase or tap the “HODL & Earn” icon on the Market screen of Gate.io app.

Listing Details

  • Token: $KONO
  • Handling Fee: 0
  • Annual Interest Rate:100%
  • Start Time: 2021–06–22 08:00 UTC
  • The principal and interest will be distributed when the lock-up period ends
  • End Time: 2021–07–06 08:00 UTC

Please Keep This in Mind Before Purchase:

  • Users are required to lock their assets for a certain term.
  • Users’ assets and interest will not be available until the end of the lockup term.
  • If there are any price fluctuations on the market, users will not be able to unlock and trade immediately. The interest received may not be sufficient to cover the loss caused by the price change.

About Konomi Network

Konomi is a decentralized money market protocol built using Polkadot’s Substrate. Konomi is working to provide active money markets across the entirety of the Polkadot ecosystem, as well as expand and integrate into cross-chain networks. By introducing a fluid market for cross-chain crypto assets, Konomi hopes to provide an overall better user experience that is accessible regardless of the native network the end-user prefers.

Stay in touch with us through:

Website: https://www.konomi.network/
Twitter: https://www.twitter.com/KonomiNetwork
Telegram: https://t.me/konominetwork
Telegram Announcements: https://t.me/konominetworkchannel
Telegram (Vietnam): https://t.me/konominetwork_vn
Reddit: https://www.reddit.com/r/KonomiNetwork