Gate Platform BTC Mining Staking Surpasses 2528 Coins, Current Annual Percentage Yield 10%

BlockBeats News, September 9th, according to the latest data from the Gate platform, the total staking amount of its BTC mining project has exceeded 2,528 BTC. Currently, users can stake BTC to mint GTBTC and enjoy up to a 10% annualized interest rate.

GTBTC is a Bitcoin-pegged token launched by Gate, supporting on-demand minting and redemption, with fully transparent reserve assets where the 100% reserve can be verified. By wrapping BTC into GTBTC, users can not only earn stable interest but also participate in various on-chain applications, unlocking more value.

As of now, GTBTC has been issued on four chains: Ethereum, BNB Smart Chain, Avalanche, and Solana. The on-chain supply of each chain can be publicly queried in real-time, ensuring transparency and security.