[//]:content-type-MARKDOWN-DONOT-DELETE  ## What is 'Lend & Earn'? 'Lend & Earn' by Gate.io is a professional financial management product designed to efficiently match users with idle assets and those in need of loans. By enabling flexible borrowing and lending, users can earn profits based on the current annual interest rate determined every hour. To better understand the 'Lend & Earn' product, here are some detailed features: **1. Flexible Matching of Assets and Needs: **'Lend & Earn' matches users with idle assets to those needing loans, ensuring efficient utilization of funds. Once matched, users can earn profits based on the current annual interest rate determined hourly. **2. Loan Determination on the Hour: **After lending funds to 'Lend & Earn', the system will decide every hour if the loan is successful based on the set lending rate and actual demand. Successful loans will earn interest for that hour. **3. Customizable Interest Rates and On-Demand Withdrawal: **'Lend & Earn' allows users to set their own lending rates and offers the convenience of depositing and withdrawing funds anytime. Users can set a minimum lending rate, allowing for personalized financial management. **4. Interest Settlement Rules: **When lending funds, the system calculates earnings based on the hourly determined rate. Note that if the set rate is too high and leads to an unsuccessful loan, or if funds are withdrawn before the hourly determination, interest will not be earned. **5. Auction Matching Mechanism: **'Lend & Earn' starts matching the financial needs of lenders and borrowers at the hour mark after users subscribe. The auction process goes from low to high lending rates until all borrowers' needs are met, with the highest lending rate setting the current annual rate for that hour. **6. Determining Loan Success or Failure: **If the current annual interest rate is higher than the user’s set rate, the loan is successful; if lower, it fails, and no profit is earned. If equal, partial lending or failure may occur. **7. Redemption Mechanism:** Users can redeem at any time after successful subscription. Unlent parts can be redeemed immediately, and lent parts will be returned in the next hour. During the redemption period, users continue to earn interest and should wait patiently for the system to process. ## Key Advantages of 'Lend & Earn' 'Lend & Earn' is a flexible financial product for utilizing idle assets, especially suitable for investors who are optimistic about specific targets and interested in long-term investments based on the coin's value. Compared to other financial products, 'Lend & Earn' stands out with its customizable interest rates, flexible asset usage, and a diverse selection of cryptocurrencies. **1. Customizable Lending Rates: **Users can set their minimum lending rates, allowing for more flexibility. Starting with "expected rates" in the market, if lending is repeatedly successful, it indicates high demand for that asset. Users may then consider setting higher rates for greater interest earnings. **2. Flexible Access, Instant Transactions: **Interest on 'Lend & Earn' is calculated hourly, and asset access is very flexible. After lending in the current hour, users can choose to immediately redeem both principal and interest in the next hour or continue lending at the same rate. This flexibility allows users to adjust their asset allocation more promptly compared to other products. **3. Supports 100+ Digital Assets: **To meet diverse investment needs, 'Lend & Earn' supports lending services for over a hundred cryptocurrencies. Users have a broader range of investment options, not limited to mainstream currencies like BTC, ETH, USDT, but also encompassing a wider variety of digital assets. **Risk Reminder:** Although 'Lend & Earn' is user-friendly and supports on-demand deposits and withdrawals, investors should maintain a long-term positive outlook on specific cryptocurrencies when subscribing. It's advised to pay close attention to price fluctuation risks and set appropriate stop-loss limits. As a 'coin-based' financial service, the value of digital assets in 'Lend & Earn' may be affected by market volatility, and risks should be cautiously evaluated. **Please Note: **Financial management involves risks, and investors should carefully assess and consider their risk tolerance before investing. Gate.io reserves the right to final interpretation. Thank you for choosing Gate.io. We remain committed to providing you with quality services and products. Gate.io Team Gateway to Crypto Trade over 1,700 cryptocurrencies safely, quickly and easily on Gate.io [Sign up](https://www.gate.io/signup "Sign up") to enter the crypto gateway and get 40% commission from [referrals](https://www.gate.io/referral "referrals") [Download iOS/Android App](https://www.gate.io/mobileapp?ch=ann27560 "Download iOS/Android App") right now. Reach out to us! Twitter: https://twitter.com/gate_io GateVIP Twitter: https://twitter.com/GateioVIP Telegram: https://t.me/gate_io API Telegram: https://t.me/gateioapi Instagram: https://www.instagram.com/gateioglobal Medium: https://gateio.medium.com/ Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team November 16th, 2023