USDD partners with Gate DEX to launch a staking rewards program, opening up new opportunities for on-chain stable income

Decentralized stablecoin USDD recently announced a joint on-chain staking reward event with Gate DEX. From March 12, 2026, 18:00 to April 11, 18:00 (UTC+8), users can participate in the USDD Earn protocol staking through the Gate DEX Bonus earning area, earning approximately 5% APY stable returns while also participating in the distribution of an additional incentive pool of 20,000 USDD. This collaboration aims to further expand the application scenarios of USDD in the multi-chain DeFi ecosystem, providing users with more transparent and efficient on-chain earning opportunities.

Gate DEX Bonus is a decentralized earning area launched by Gate DEX, supporting various assets to participate in on-chain staking earning strategies. The platform provides users with a low-threshold, transparent, and verifiable asset appreciation mechanism through fully on-chain execution. The launch of USDD on Gate DEX Bonus will further enhance the liquidity of stablecoins in DeFi scenarios and offer global users more attractive stable income options.

Participate in USDD Earn Staking for Stable Returns and Additional Rewards

During this event, users can enter Gate DEX mode through the Gate App, accessing the "Earn---Rewards" area from the wallet homepage or event page to participate in staking in the USDD Earn protocol. Users can stake USDD directly or use USDT to participate. If using USDT, the system will automatically convert it to USDD at a 1:1 ratio without loss through the PSM (Peg Stability Module) mechanism, ensuring asset value stability and a smooth participation process.

After completing the staking, users will receive sUSDD as proof of staking and will earn corresponding returns based on their staking share. The base return for this event is approximately 5% APY, with an additional reward pool of 20,000 USDD for incentive distribution. The daily rewards that users can receive are calculated using the following formula:

Daily Reward = (Individual Staking Amount / Total Staking Amount of All Users) × Total Daily Reward Amount

Therefore, the larger the staking scale and the longer the participation time, the more rewards users will receive.

In terms of the reward mechanism, the system operates on a settlement cycle of every 1 hour. When users complete their first USDD or USDT staking during the event, that settlement cycle will be considered the first reward cycle for participating in the event. Subsequently, the system will record the amount of sUSDD held by users through staking on the Gate DEX platform at the end of each cycle and calculate the share of earnings for that cycle. Rewards generated in the previous cycle will be settled in the next cycle and can continue to accumulate for collection.

It is important to note that this event only counts the sUSDD holdings generated through staking on the Gate DEX platform. If users obtain sUSDD through other channels (including staking on the protocol's official website or on-chain transfers), it will not be included in the reward calculation for this event.

Strengthening Multi-Chain DeFi Ecosystem Cooperation, Continuously Expanding USDD Application Scenarios

This reward event is jointly initiated by the USDD official team and Gate DEX, with technical support for reward distribution and collection provided by Gate DEX. Before the event starts, the system will display an estimated APY based on the overall TVL of the USDD Earn protocol on the BNB Chain network and the size of the reward pool; after the event starts, the actual APY will be dynamically calculated in real-time based on the staking scale of participating users on the Gate DEX platform, with final earnings based on the real-time APY.

All rewards will be distributed in USDD on the BSC network and will gradually accumulate according to the hourly settlement cycle. Users can claim rewards during or after the event, and unclaimed rewards will not expire due to the end of the event.

When redeeming assets, regardless of whether users choose to redeem USDD or USDT, the consumed proof of staking will be the same sUSDD. If users choose to redeem USDT, the smart contract will again automatically convert the redeemed USDD to USDT at a 1:1 ratio through the PSM mechanism and send it to the user's wallet address.

Additionally, since all operations are completed on the BNB Chain network, users will need to pay BNB as Gas fees when staking, redeeming, and claiming rewards, and it is recommended to ensure that there is enough BNB balance in the wallet address in advance. There may be slight delays in synchronizing reward data to the smart contract, which is a normal situation for on-chain data updates.

As one of the important decentralized stablecoins in the TRON ecosystem, USDD is committed to promoting the practical application of stablecoins through multi-chain deployment and DeFi scenario innovation. This collaboration with Gate DEX not only provides users with richer on-chain earning opportunities but also further enhances the liquidity and usage depth of USDD in the BSC network DeFi ecosystem. In the future, USDD will continue to partner with more ecosystem partners to expand the innovative applications of stablecoins in DeFi, payments, and Web3, bringing global users a safer, more efficient, and open decentralized financial experience.