GATA HUB’s 2 Years of Successful reward distribution.
Today marks the important date of GATA HUB’s journey as we have successfully distributed the 24th Epoch of rewards, this is 2 years of rewards for the GATA NFTs. In the First epoch we had 1 collection and now we are distributing Thousands of USD to our 4 collections. Let’s take a deep dive into 24th epoch.
GATA HUB NFT holders Yielded 241K Stars and 578 Atom in July 2024.
GATA Epoch 24
A total of approximately 151 $ATOM was distributed among 938 Staked GATA NFTs, with each NFT earning 0.16 $ATOM.
Eligible GATA holders for the GATA Epoch 24 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 24.
YG Epoch 17
17th Reward distribution for Yield Gorilla took place also this month. A total of 427 $ATOM has been earned from staking/LP during July 2024. 299 Atom of these earnings have been distributed to holders, 42.5 Atom has been sent to increase the LP stake, 21 Atom has been used to burn the floor and 13 more YG burned, 21.5 $ATOM, was used to raffle draw. Details here
For more information on the DAO revenue distribution and Yield Gorilla, interested individuals can visit the Docs .
YP Epoch 4
The Third Epoch of Yield Paws also took place, where 241K Stars were distributed to 4950 eligible YP holders. 169K Stars were distributed to NFT holders 12K Stars were used to burn the floor and 12K Stars for the raffle draw. Details of the YP Epoch 4 can be found here.
More about GATA reward distributions here
Buy GATA-v or GATA-c to be a part of GATA DAO
Buy Yield Gorilla to be a part of the yield
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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.
