Gate’s SOL mining, or staking, product has reached a total staked amount of 659,400 SOL, according to the latest platform data cited by ChainCatcher. The product’s reference annualized yield is listed at 7.93%.
Users who stake SOL receive an equivalent amount of GTSOL, which the platform says can be used to enhance asset value. The service also supports instant redemption, allowing users to unlock liquidity while seeking stable returns.
Gate offers staking options beyond SOL as well. As of publication, the reference annualized yields shown by the platform were 3.80% for GUSD, 7.34% for USD1, 2.67% for BTC, 4.19% for ETH, and 3.71% for USDT. The figures were presented as platform data in the update carried by ChainCatcher.
Gate’s SOL mining, or staking, product has reached a total staked amount of 659,400 SOL, according to the latest platform data cited by ChainCatcher. The reference annualized yield was listed at 7.93%.
Users who stake SOL receive an equivalent amount of GTSOL. The platform said this structure allows users to pursue asset appreciation. The service also supports instant redemption, giving users a way to unlock liquidity while earning what it described as stable returns.
Gate also provides staking options for multiple other tokens. As of publication, the reference annualized yields shown on the platform were 3.80% for GUSD, 7.34% for USD1, 2.67% for BTC, 4.19% for ETH, and 3.71% for USDT.
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