PANews reported on September 9th that according to the latest data from the Gate platform, the total staked BTC in its BTC mining project has exceeded 2,528 BTC. Currently, users can earn GTBTC by staking BTC, enjoying an annualized interest rate of up to 10%.
GTBTC is a Bitcoin-wrapped token launched by Gate. It supports 24/7 minting and redemption, and its reserve assets are fully transparent, with 100% of the reserves traceable. By wrapping BTC in GTBTC, users can not only earn stable interest but also participate in a variety of on-chain application scenarios, unlocking greater value.
As of now, GTBTC has been issued on four chains: Ethereum, BNB Smart Chain, Base, and Solana. The on-chain supply can be publicly queried in real time to ensure transparency and security.
