Gate Offers Up to 8% Annualized Returns with New Yield Product
Global cryptocurrency exchange Gate has launched a new yield product offering up to 8% annualized returns. The product is based on the dollar stablecoin USD1, issued by World Liberty Financial (WLFI). To participate, users must hold at least one USD1 token and receive daily interest rewards in WLFI tokens.
The annualized yield for this product changes daily, depending on the remaining reward budget and the amount of eligible USD1 holdings on Gate. This means that returns may fluctuate over time. The minimum holding requirement is just 1 USD1 token.