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Gate.io launches GTMining with an expected annualized yield of 13.5%, and also launches SOLMining.
BlockBeats news, on September 15th, according to official sources, Gate.io recently launched the GT Mining service, supporting users to stake platform Token GT for Mining. Data shows that the expected Annual Percentage Rate (APR) for GT Mining can be as high as 13.5%, with a total stake value of over $30 million USD within 48 hours of launch. It is understood that the GT Mining service has a relatively low participation threshold, allowing users to stake 1 GT for Mining, and supports flexible stake and redemption at any time. In addition, the platform distributes Mining earnings daily and provides 100% reserve fund protection to ensure the safety of user assets. Gate.io also recently launched the SOL Mining service, supporting instant interest calculation upon staking, allowing users to start earning on the same day as staking. Compared to traditional SOL liquidity Mining, the redemption mechanism is more flexible, effectively shortening the waiting period for users and improving capital utilization efficiency. The new SOL Mining service has a relatively low participation threshold, with a minimum investment amount as low as 0.1 SOL, and distributes Mining earnings daily while providing 100% reserve fund protection.