#StakeUSD1Earn8.88%APR
Gate has updated its soft staking product for the USD1 stablecoin, setting the current annual yield at 8.88%. This product provides passive income to users holding USD1 without any lock-up period.
The product works quite simply: the system takes a snapshot of the user's USD1 balance 24 times a day, or once an hour. Daily returns are calculated based on the average of these snapshots and transferred to the Assets account the next day. For users with a Combined Account, the trading account is included in this calculation, while for those with a Classic Account, spot, futures, delivery, and options accounts are considered. USD1 held in Flexible or Fixed Term Earnings products is excluded from this calculation.
The most notable aspect of this product is that users can simultaneously use their USD1 for trading or as collateral without any lock-up period. This means a user can both hold active positions in the market and continue earning daily returns on their balance, providing two different benefits without limiting their capital to a single purpose.
It's important to note that the rate of return is not fixed. According to the campaign rules, the annual rate of return is dynamically adjusted daily based on the remaining reward budget for that month and the total amount of USD1 available on the platform, with any changes announced in advance. This mechanism means that the rate may decrease over time during periods of increased participation, making early participation generally more advantageous.
There are also some important warnings on the risk side. USD1 itself carries inherent risks such as price volatility, smart contract vulnerabilities, and potential regulatory changes. The displayed annual rate of return is an estimate, not a guaranteed return; the actual reward value can fluctuate depending on the market price of USD1. Users in the UK and some restricted regions are not eligible for this service.
For users seeking stable returns through Gate while also holding active market positions, the main practical advantage of this product is that it offers both trading flexibility and daily returns without leaving capital immobile. Given that the current rate may change daily, it is recommended to check the current APR page before participating.
Gate has updated its soft staking product for the USD1 stablecoin, setting the current annual yield at 8.88%. This product provides passive income to users holding USD1 without any lock-up period.
The product works quite simply: the system takes a snapshot of the user's USD1 balance 24 times a day, or once an hour. Daily returns are calculated based on the average of these snapshots and transferred to the Assets account the next day. For users with a Combined Account, the trading account is included in this calculation, while for those with a Classic Account, spot, futures, delivery, and options accounts are considered. USD1 held in Flexible or Fixed Term Earnings products is excluded from this calculation.
The most notable aspect of this product is that users can simultaneously use their USD1 for trading or as collateral without any lock-up period. This means a user can both hold active positions in the market and continue earning daily returns on their balance, providing two different benefits without limiting their capital to a single purpose.
It's important to note that the rate of return is not fixed. According to the campaign rules, the annual rate of return is dynamically adjusted daily based on the remaining reward budget for that month and the total amount of USD1 available on the platform, with any changes announced in advance. This mechanism means that the rate may decrease over time during periods of increased participation, making early participation generally more advantageous.
There are also some important warnings on the risk side. USD1 itself carries inherent risks such as price volatility, smart contract vulnerabilities, and potential regulatory changes. The displayed annual rate of return is an estimate, not a guaranteed return; the actual reward value can fluctuate depending on the market price of USD1. Users in the UK and some restricted regions are not eligible for this service.
For users seeking stable returns through Gate while also holding active market positions, the main practical advantage of this product is that it offers both trading flexibility and daily returns without leaving capital immobile. Given that the current rate may change daily, it is recommended to check the current APR page before participating.










