USD1 staking product lands on Gate, with a minimum investment of 1 USD1 and an annualized yield of 9.48%.

Gate News, according to Gate's official announcement, Gate has now launched the USD1 staking product, with a minimum investment of 1 USD1 and a current annualized yield of 9.48%.

USD1 staking is Gate's on-chain staking product, allowing users to stake USD1 to earn on-chain yields through the Dolomite protocol. Dolomite is a next-generation decentralized lending and trading protocol that provides asset support and capital efficiency for users through a virtual liquidity system.

According to the distribution rules, users who stake on Day D will start accruing interest on Day D+1, with distributions made on Day D+2. Interest is automatically distributed daily in the form of USD1 and WLFI tokens. Users can redeem their USD1 earnings at any time, and redemption requests will be credited on Day D+1 after submission. The actual annualized yield fluctuates daily based on user staking participation.