USD1 (USD1) staking product launches on Gate, with a minimum investment of 1 USD1 and an annualized yield of up to 13.61%

Gate News: According to Gate’s official announcement, Gate has now launched the USD1 staking product. The minimum initial investment is 1 USD1, and the current annualized yield for USD1 is 13.61%.

USD1 staking is Gate’s on-chain staking product. It allows users to stake USD1 and obtain real on-chain yields via Dolomite. The yield is sourced from World Liberty Market, with technical support provided by Dolomite. Dolomite is a new-generation decentralized lending and trading protocol that, through an innovative virtual liquid flow system, provides users with broader asset support and superior capital efficiency.

For the distribution rules: staking is on day D, interest starts accruing on day D+1, and payouts are made on day D+2. Interest is automatically distributed daily in the form of USD1 tokens. Users can redeem their USD1 yield at any time, and redemption requests will be credited on day D+1 after submission.