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1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
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Details: https://www.gate.com/announcements/article/47889
#GT Gate News bot reports that according to the latest platform announcement, Gate has officially launched a coin interest-bearing product, providing users with a wealth management service with a zero lock-up position.
The first phase of this product supports 14 token varieties, including BTC, ETH, GT, SOL, POL, SUI, ALGO, DOT, ATOM, AVAX, INJ, APT, ZETA, and FLR. After users activate the coin holding interest function, the system will take a position snapshot at 16:00 UTC+8 on the next day #GT and distribute the earnings to the spot account on the following day.
The coin interest-earning product uses a daily compounding model, with daily returns calculated based on the average holding position of the coin interest-earning and an annualized yield of (APR). The feature of this product is that it does not require a lock-up position, allowing user assets to remain flexible and available while still earning coin income.