Gate launches a USD1 holding interest program with high annualized returns up to 20%.

PANews reported on June 10th that Gate has launched a limited-time USD1 investment program, offering up to approximately 20% annualized returns for USD1 holdings in asset accounts. The minimum holding threshold is 1 USD1. The annualized yield will be adjusted daily based on the remaining monthly reward budget and the platform's total effective USD1 holdings, and will be announced at 14:00 (UTC+8) daily. The system will take a snapshot of the USD1 balance every hour, calculate the average holdings daily, and distribute the returns the following day. USD1 held in current or fixed-term investment products is not included in this promotion. Gate notes that USD1 is a USD-pegged stablecoin issued by World Liberty Financial and fully collateralized with US short-term Treasury bonds and cash equivalents. The promotional yield is an estimated value and is subject to market volatility, contract risks, and regulatory changes.

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