Gate’s SOL mining, or staking, product has reached a total of 660,000 SOL staked, with a reference annualized yield of 7.93%, according to the latest platform data cited by ChainCatcher. Users who stake SOL receive an equivalent amount of GTSOL, a mechanism the platform says can help users keep liquidity tied to their position while seeking yield. The service also supports instant redemption, allowing users to redeem without a waiting period while still targeting steady returns. Beyond SOL, Gate lists several other staking options on the platform. As of publication, the reference annualized yields shown were up to 100% for a GUSD newcomer reward, 7.05% for USD1, 2.67% for BTC, 4.10% for ETH, and 3.71% for USDT. The update was published as a brief market item by ChainCatcher.
Gate’s SOL mining, or staking, product has reached a total staking volume of 660,000 SOL, with a reference annualized yield of 7.93%, according to the latest platform data cited by ChainCatcher.
Users who stake SOL receive an equivalent amount of GTSOL. Gate says the setup allows users to pursue asset appreciation. The service also supports instant redemption, which the platform describes as a way to free up liquidity while earning stable returns.
Gate also offers staking options for multiple other tokens. As of publication, the reference annualized yields listed were up to 100% for a GUSD newcomer reward, 7.05% for USD1, 2.67% for BTC, 4.10% for ETH, and 3.71% for USDT.
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