Gate Staking stake BTC, open the path to stable returns

Gate has launched an on-chain earning (Staking) product for BTC, where users only need to stake BTC to earn daily GTBTC rewards, truly realizing the efficient use of idle assets without the need to purchase mining machines or consume high electricity. Everyone can easily participate in BTC Mining.

How to participate in BTC Mining?

1. Stake BTC to earn GTBTC
   Users can stake at a ratio of 1 BTC = 1 GTBTC and instantly receive an equivalent amount of GTBTC tokens.
2. Hold GTBTC and enjoy daily earnings.
   After the stake is successful, the system will automatically distribute rewards as GTBTC to the user’s account based on the daily reference annual yield.
3. Redeem GTBTC for BTC
   Users can redeem their held GTBTC for BTC at a 1:1 ratio at any time, allowing for flexible circulation and worry-free operation.

Participate in Gate BTC staking immediately and embark on your on-chain mining收益 journey:https://www.gate.com/staking/BTC

Why choose Gate BTC Mining?

• Low threshold participation: You can start staking with just 0.001 BTC.
• High liquidity: supports quick stake and redemption
• Daily dividends: Earnings are automatically distributed every day.
• 100% Reserve: Ensuring asset security, transparent and trustworthy

According to the latest data, as of the deadline, the total staking amount on the platform has reached 1094.23 BTC, with a reference annual yield of 3.08% (which may vary slightly with market fluctuations).

Reference annualized and yield calculation methods

The reference annualized return for Gate BTC staking will fluctuate based on the total daily staking on-chain and the reward status of validators’ GTBTC. The final annualized return will be influenced by BsquaredNetwork-related block data and market conditions. The formula for calculating earnings is as follows:

GTBTC Earnings = GTBTC Holding Amount × Daily Annualized / 365 × (1 - Service Fee)

• All earnings are distributed in GTBTC.
• The first distribution of earnings will be made on the D+1 day after the stake.
• A service fee of 3% is charged on daily earnings.

Can GTBTC be redeemed at any time?

Yes! GTBTC can be exchanged back to BTC at any time, and the redemption request will be completed instantly. BTC will be credited quickly, allowing users to manage their funding strategies flexibly and respond to market fluctuations.

Summary

Gate’s BTC Mining product simplifies the traditional Staking operation into a more flexible, transparent, and low-threshold form, allowing both long-term holders and short-term arbitrage players to achieve stable returns.