Gatling Finance FAQ: (Questions are continuously updated)

1. Where is the entrance to lossless mining?

Lossless mining is open for 48 hours, from the Dapp home page “Earn GTL” button to enter the mining page. As shown in the picture.

2. Lossless mining problem summary

2.1 Lossless mining is non-lossy mining, no lock-up, can be redeemed at any time.

2.2 Lossless mining pledged limit of 500 USDT per pool for a single wallet address corresponds to Token;

2.3 Limit 500USDT corresponding to the number of Tokens, how is the price captured? Since Heco infrastructure is not yet mature Oracle, the only way to get the price of Gatling Finance is currently MDEX.

3. What types of mining are there in compound mining?

Compound mining can be divided into three categories: dual-coin mining, single-coin mining and LP mining.

4. Summary of dual coin mining questions

4.1 What is dual coin mining 100U and 1000U? Is it to use HUSD?

Here 100U and 1000U are the total value of the assets pledged by the user, for example: the user selects HT+GTL mining pool, selects 1000U, the contract will grab the real-time price and convert the number of HT and GTL needed, the user’s wallet meets the quantity requirement, and can wake up the wallet authorization.

4.2 What do 800U and 200U mean? What is the difference with adding liquidity with LP mining?

Gatling Finance’s innovative dual coin compound mining is designed to reduce the user’s asset volatility exposure by pledging 80% of existing assets + 20% of GTL for lock-in mining, the number of pledged tokens will remain the same after unlocking and gaining mining revenue. Example: user selects HT+GTL mining pool, selects 1000U, real-time price 1HT=1U 1GTL=10U, at this time it shows that 800 HT+20 GTL are needed, wake up the wallet pledge, after 5 days (you can check the mining record in “My Wallet Statistics”) to receive, user gets 800 HT+20 GTL+mining revenue.

LP mining users bear the risk of 100% damage to the pledged assets, Gatling Finance dual coin mining greatly increases the risk ceiling; dual coin lockout is to reduce the pre-selling pressure of large institutions and protect the interests of retail investors.

5. Why are there also LP mining pools and GTL single coin mining pools?

The development of Gatling Finance is inseparable from the support and contribution of users. For users who hold coins with added liquidity, users pledging LP mining can enjoy high returns, and in addition GTL single coin mining is more efficient.

After Gatling Finance opens the Strategy Vault, GatlingDAO will be established, and each strategy will be launched through audit voting, and users holding GTL will enjoy dividend rights.

6.What is extra rewards?

First of all, you need to know what is the value of DeFi’s hottest liquidity mining. Simply put, it is the proof of the amount of funds pledged, similar to the POS model, the concept of how much token age (the product of the number of tokens held and the time of holding them). The extra rewards is an additional value on top of your own value, which simply means that your mining speed becomes faster.

7. What is Gatling Finance’s extra rewards mechanism?

In Gatling Finance, users are required to activate the extra rewards on their first pledge, and after activation, they can activate other users to participate in mining by sharing their own address, i.e., the bonus on their own extra rewards.

For example: if A has 100 GTL per day, activates B, and B participates in compound mining, A will receive an extra rewards of 115 GTL per day (the data is based on the extra rewards mechanism parameter).

8.When will the Strategy Vault be opened?

At present, the development of Heco is still in its early stage, the infrastructure of Oracle is not yet perfect, and DeFi projects are scattered and unevenly developed. In order to avoid asset losses to users due to project development problems, Gatling Finance has set up a three-month observation period, while actively expanding the ecology and deploying DeFi Strategy Vault among cross-chain assets, which will be opened to users after the development of rich DeFi on the Heco, in order to seek the most stable and high-return investment method for users.

During this three-month period, users can use small coins within the Heco ecology to participate in platform pledge mining and obtain platform token GTL revenue. At the same time, Gatling Finance will also actively deploy the Strategy Vault if there are relatively high-quality and cost-effective DeFi projects appear during this period, and users can also enjoy the benefits brought by the Strategy Vault.