Gate.io has distributed the first PHA rewards for the Winning Bidders in the DOT Slot Auction Project of Phala (PHA). Users who have successfully participated in the DOT Slot: Lock-up DOT ＆ Earn PHA can check the reward distribution details at “My Wallets”– section “My Billing Details”.


Gate.io Phala Rewards for Winning Bidders:
1. Reward currency: PHA
2. On-chain lock-up/(unlock) date: 2022-03-11 (+672 days)
3. Reward distribution: 1 DOT: 24 PHA
4. Reward releasing rules: The interest will be distributed to users once every 14 days after the first sum of interest distribution. So far, 21.65% of the interest has been released to users, and the remaining rewards will be unlocked spontaneously within 96 weeks as of the on-chain lock-up date.

Gate.io reserves the right to the final interpretation of the activity. If you have any questions, please reach out to our online chat support.

Thank you!



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Gate.io Team
August 23rd, 2022