According to the latest announcement from the Gate News bot, Gate has officially launched a coin interest-earning product, providing users with financial services that have zero lock-up period.
The first phase of this product supports 14 types of tokens, including BTC, ETH, GT, SOL, POL, SUI, ALGO, DOT, ATOM, AVAX, INJ, APT, ZETA, and FLR. After users activate the coin earning feature, the system will take a position snapshot at 16:00 ( UTC+80 on the following day and distribute the earnings to the spot account the next day.
The coin interest-earning product adopts a daily compound interest model, with daily earnings calculated based on the average holding position and annualized yield )APR(. The characteristic of this product is that there is no need for a Lock-up Position, allowing user assets to remain flexible and available while still earning coin interest.