Gate Will Migrate Margin Lending to Lend & Earn for All Users

04/12/2023 12:08 (UTC)
26,369 views

Gate has now completed the upgrade to isolated margin borrowing, which switched the funding pool for isolated margin borrowing from Margin Lending to Lend & Earn. To make sure that funds in Margin Lending still have an equal chance to earn interest from margin traders, Gate is going to migrate any remaining funds in Margin Lending to Lend & Earn starting 06:00 UTC April 13. The migration may take 10 days and end on April 23, 06:00 UTC. During the transitioning phase, auto-lend or auto-renew will be disabled. Any returned fund will be migrated to the Lend & Earn automatically gradually. You can also manually migrate to Lend & Earn and start to use the new lending service early.

Learn more about the Lend & Earn: https://www.gate.com/help/lend/lend-and-earn


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Gate Team
April 12, 2023