This round of Gate's HODL & Earn activity is pretty interesting.

It's not one of those activities that just “adds a tiny bit of APY to fool people”—they directly stacked a NESS token reward on top of the 7-day fixed-term ETH product.

Just take a look, and you'll see that the core this time isn't the 1.9% base interest, but the additional 10% APY bonus.
Short cycle + predictable returns, for a combined annualized rate of 11.9%. This is quite rare among stable products right now.

Why is the rate so high?
Essentially, NESS wants more people to get involved with its ecosystem—a knowledge network that uses tokens to drive content, insights, and collaboration.
It's not one of those hype projects; they're building a long-term community mechanism.

So the activity is very clear:
You were already planning to park idle ETH for some yield, and now you can also get an extra layer of NESS rewards.

The reward pool has a total of 750,000 $NESS , first come, first served.
For me, the value of this kind of event is “predictable, hassle-free, and decent returns.”
So I'm participating.

Event announcement:

Event link: