Gate.io introduces flexible USD1 staking products featuring daily rewards

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Andreas Kristo

2 hours ago

Gate.io introduces flexible USD1 staking products featuring daily rewards — Gate.io launches new USD1 staking options

Gate.io announced two new options for users to earn interest on USD1 tokens: soft staking with up to 8% APR and chain-based staking offering up to 10% APR, with flexible redemption and daily rewards. According to additional details, the on-chain staking product currently offers an annual yield of approximately 13.61% APR, with daily interest payouts and no minimum lock-up period.

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Gate.io has introduced two options for users to earn interest on USD1 tokens: soft staking with up to 8% annual percentage rate (APR) and on-chain staking with a currently advertised yield of approximately 13.61% APR. The on-chain staking product, powered by Dolomite on the World Liberty Market, allows users to start staking with a minimum of 1 USD1, with interest beginning to accrue the day after staking and daily payouts in USD1 tokens starting from the second day.

Redemption is described as flexible, allowing users to withdraw their staked USD1 at any time, with funds available the following day. The annual yield for the on-chain staking may fluctuate based on participation and on-chain returns, and Gate.io notes that information provided may come from third parties and does not constitute financial advice.

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How to participate

To join the USD1 staking promotion on Gate.io, make sure you have at least 1 USD1 token in your Gate.io account. Stake your USD1 to start earning daily interest; staking starts accruing interest from the next day, and rewards are paid out daily in USD1. You may request redemption at any time, with your redeemed stake arriving the following day. For more details or to participate, visit the official sign-up link.

Gate.io is a multifunctional cryptocurrency exchange offering spot and margin trading, futures, ETFs, and tokenized assets such as GateToken (GT). The platform features cloud mining, a lending and borrowing system, customizable trading strategies, an interactive training system, and a news portal with live analytical broadcasts. For a detailed overview, visit the broker profile on Traders Union.

For more context, the previous Gate.io update on Traders Union covered the launch of ARX/USDT futures trading with up to 20x leverage, highlighting the platform's continued expansion of its trading offerings. You can read the details in the earlier news about Gate.io.

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