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The ICNT fixed-term financial product is now available on Gate Simple Earn, with a 7-day Lock-up Position annualized return of 150%.
According to Gate News bot, on July 4, 2025, Gate announced the launch of the ICNT 7-day fixed investment product on Simple Earn, offering an Annual Percentage Rate of 150%, with a total limit of 1.2 million ICNT, on a first-come, first-served basis.
ICNT is the native coin of Impossible Cloud Network (ICN). ICN is an open decentralized cloud ecosystem that provides enterprise-level storage, computing, and bandwidth services, aimed at replacing traditional cloud service platforms. The project has received investment from Helium supporter NGP Capital, with a fully diluted valuation reaching $470 million.
The ICN ecosystem is currently in operation, serving over 1,000 enterprise clients, with an annual recurring revenue of over $7 million, a year-on-year growth of 2000%.
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