Gale Network (GALE) is a high-yield sustainable Certificate of Deposit (CD) smart contract platform that operates on the BSC and Cronos network. It offers a daily compounding yield of up to 7,778% with a 1.2% daily interest rate. The GALE token powers the network and is designed to appreciate in value and serve as a store of value. The platform provides trustless, secure, immutable, and censorship-resistant smart contracts, and offers a range of DEFI services including a launchpad and lottery.
To get started with Gale Network, users need to download and install the Metamask extension and configure it to use the BSC and Cronos networks. They can then acquire BNB or CRO and purchase BUSD or USDT from PancakeSwap or Cronaswap. Users can connect their wallets to the Gale Dapp and contribute to the daily auction to reserve their share. They can also deposit GALE tokens in the Windmill, where they can earn a daily ROI of 1.2% for 365 days. Participating in the daily lottery is also an option, with the chance to win from the BUSD pot.
The GALE token is distributed through a dutch auction over a period of 180 days, with various amounts available for purchase each day. The platform has deflationary mechanisms in place, with GALE deposits being burned after taxes, interest being paid from taxes, and GALE tokens obtained from ticket purchases being burned. Users can maximize their earnings by compounding, which can result in returns of up to 7,778% APY. GALE can be purchased on the Gale Network website, as well as on PancakeSwap and Cronaswap.