GATA HUB Reward Epoch 1st July 2024
GATA HUB NFT holders Yielded 201K Stars and 540 Atom in May 2024.
The distribution of GATA Epoch 23 rewards to eligible GATA NFT holders has taken place. A total of approximately 141 $ATOM was distributed among 929 Staked GATA NFTs, with each NFT earning 0.15 $ATOM.
Eligible GATA holders for the GATA Epoch 23 rewards were staked Colonial cats (GATAc) Voyager cats (GATAv). The rewards were sent directly to the corresponding Cosmos Hub address of the holder.
To learn more about GATA Epoch 23 visit here.
YG Epoch 16
16th Reward distribution for Yield Gorilla took place also this month. A total of 399 $ATOM has been earned from staking/LP during June 2024. 280 Atom of these earnings have been distributed to holders, 40 Atom has been sent to increase the LP stake, 19.5 Atom has been used to burn the floor and 13 more YG burned, 19.5 $ATOM, was used to raffle draw. Details here
For more information on the DAO revenue distribution and Yield Gorilla, interested individuals can visit the GATA DAO Gitbook.
YP Epoch 3
The Third Epoch of Yield Paws also took place, where 201K Stars were distributed to 4965 eligible YP holders. 140.4K Stars were distributed to NFT holders 10K Stars were used to burn the floor and 10K Stars for the raffle draw. Details of the YP Epoch 3 can be found here.
More about GATA reward distributions here
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Disclaimer: Investing in yield-bearing NFTs is highly speculative and carries a high degree of risk. The value of yield-bearing NFTs can be highly volatile and can fluctuate rapidly, and there may be limited liquidity. Yield-bearing NFTs are built on blockchain technology, which is still relatively new and untested, and there may be technology risks associated with the underlying technology. The regulatory environment for yield-bearing NFTs is still uncertain, and changes in laws and regulations could negatively impact their value. Yield-bearing NFTs often rely on decentralized finance protocols, which can be vulnerable to smart contract exploits, hacking, and other security risks.
It is important to thoroughly research and understand the underlying technology, economics, and risks associated with yield-bearing NFTs before investing. We strongly recommend that you only invest what you can afford to lose and that you diversify your investments across multiple assets. This disclaimer does not constitute financial or investment advice and you should always consult a financial professional before making any investment decisions.
