USDD and Gate DEX Launch Dual-Chain Rewards Campaign with 4% Base APY and $50,000 USDD Prize Pool on Ethereum and BNB Chain

USDD and Gate DEX Launch Dual-Chain Rewards Campaign with 4% Base APY and $50,000 USDD Prize Pool on Ethereum and BNB Chain

N
News Editor
2026-07-01 08:31:19
The decentralized stablecoin USDD has partnered with Gate DEX to launch a new dual-chain rewards campaign spanning Ethereum and BNB Chain. Users can convert USDT to USDD via Gate DEX and stake it as sUSDD to earn a base 4% annual percentage yield (APY), plus share a combined prize pool of 50,000 USDD (20,000 USDD on Ethereum and 30,000 USDD on BNB Chain). Additional bonuses from Gate DEX’s multi-business “Lucky Start” program and a USDD staking volume challenge are also stackable, especially on BNB Chain. The campaign runs from June 30, 2026 18:00 to July 30, 2026 18:00 (Singapore time).
USDDGate DEXdual-chain rewardsstablecoin stakingEthereumBNB ChainAPYDeFi

Campaign Overview: Dual-Chain Staking Incentives

The decentralized stablecoin USDD has announced a new “Dual-Chain Rewards” campaign in collaboration with Gate DEX, which went live on June 30, 2026 (18:00 SGT) and will run until July 30, 2026 (18:00 SGT). The campaign covers two major public blockchains: Ethereum and BNB Chain, aiming to attract more participants to USDD’s staking ecosystem through cross-chain incentive mechanisms.

On-Chain Yields and Prize Pool Details

According to the official announcement, Ethereum-based activities offer a base 4% APY and an additional prize pool of 20,000 USDD. BNB Chain activities also provide a base 4% APY, with a larger prize pool of 30,000 USDD. Importantly, BNB Chain participants can further stack Gate DEX’s multi-business “Lucky Start” bonuses and a USDD staking volume challenge reward, which could significantly boost the effective APY above 4%. The total prize pool amounts to 50,000 USDD, providing substantial extra rewards for short-term stakers.

How to Participate and Important Notes

Users need to access the “Earn-Stablecoins-Bonus” section on the Gate DEX platform, convert their USDT to USDD, and then stake it as sUSDD (staked USDD). Existing USDD holders who have already staked will have their yields automatically migrated to the new campaign without additional steps. The official reminder advises new participants to ensure their wallet addresses hold sufficient ETH (for Ethereum) or BNB (for BNB Chain) to cover gas fees, avoiding transaction failures. During the campaign, users can monitor yield and prize pool dynamics and adjust asset allocations accordingly.

This dual-chain rewards campaign not only enhances USDD’s liquidity and use cases but also strengthens Gate DEX’s competitiveness as a multi-chain DeFi platform. For yield-seeking crypto users, stacking base APY with prize pools and challenge rewards on top makes this a worthwhile short-to-medium-term staking opportunity.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
700

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.