Gate launches USD1 on-chain staking, providing users with diverse yield options

According to the official announcement, Gate has officially launched the USD1 on-chain staking product, further enriching the USD1 earning scenarios. Users can participate in staking with a minimum of just 1 USD1 and obtain real on-chain earnings with one click. Currently, the reference annualized yield for USD1 on-chain staking is 13.41%. In addition, the reference annualized interest rate for holding Gate USD1 is currently 8%, providing users with diversified earning options. According to DefiLlama data, the holding scale of Gate USD1 has surpassed 908 million USD.

In addition to USD1, Gate also offers multi-currency on-chain staking services. As of the time of publication, the reference annualized yields are: GUSD 2.80%, BTC 2.67%, ETH 4.18%, SOL 8.01%, and USDT 3.47%. Users can flexibly participate in on-chain earning opportunities based on their asset allocation needs to obtain stable earning opportunities.