Gate has launched an on-chain earning (Staking) product for BTC, where users only need to stake BTC to earn daily GTBTC rewards, truly realizing the efficient use of idle assets without the need to purchase mining machines or consume high electricity. Everyone can easily participate in BTC Mining.
Participate in Gate BTC staking immediately and embark on your on-chain mining收益 journey:https://www.gate.com/staking/BTC
According to the latest data, as of the deadline, the total staking amount on the platform has reached 1094.23 BTC, with a reference annual yield of 3.08% (which may vary slightly with market fluctuations).
The reference annualized return for Gate BTC staking will fluctuate based on the total daily staking on-chain and the reward status of validators’ GTBTC. The final annualized return will be influenced by BsquaredNetwork-related block data and market conditions. The formula for calculating earnings is as follows:
GTBTC Earnings = GTBTC Holding Amount × Daily Annualized / 365 × (1 - Service Fee)
Yes! GTBTC can be exchanged back to BTC at any time, and the redemption request will be completed instantly. BTC will be credited quickly, allowing users to manage their funding strategies flexibly and respond to market fluctuations.
Gate’s BTC Mining product simplifies the traditional Staking operation into a more flexible, transparent, and low-threshold form, allowing both long-term holders and short-term arbitrage players to achieve stable returns.