Bitget launches USDGO position earning coins, with a maximum APR of 4.3%

Bitget launches the USDGO holding profit activity. Users do not need to stake or lock up their assets; simply holding USDGO in their spot or contract account will automatically generate profits. The system will settle daily and allocate different earnings based on VIP levels, with a maximum APR of 4.3%. In addition, the activity features a "flash exchange wear and tear subsidy mechanism," where users can exchange USDT and USDGO in both directions through flash exchanges and hold USDGO for 14 days to receive a subsidy for slippage caused by exchange rate fluctuations, achieving zero wear and tear exchanges. The calculation time for this holding profit ends on June 16 at 00:00 (UTC+8), and more details can be found on the Bitget official platform.

According to reports, USDGO is issued by Anchorage Digital Bank N.A., the first federally chartered crypto bank in the United States, and is operated and distributed by OSL Group (Hong Kong Stock Exchange code: 863.HK). This stablecoin is pegged to the US dollar at a 1:1 ratio and operates within a compliant framework. Bitget CEO Gracy Chen stated that stablecoins are often underutilized in traders' asset allocation, and this activity allows users to achieve asset appreciation without additional operations, which aligns with UEX's product philosophy of continuously creating value through liquidity.