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The USD1 balance in Gate has surged significantly in the past two days, approaching a new all-time high.
The catalyst behind this is Gate's latest USD1 interest-earning activity: with an estimated annualized rate of up to 20% (interest rates will dynamically adjust based on market conditions), no subscription or lock-up is required, and USD1 in the trading account will automatically earn returns.
▶️ Participation threshold: Hold at least 1 USD1
▶️ Participating accounts: Trading accounts of the unified account; spot, perpetual, delivery, and options accounts of the classic account
▶️ Earnings calculation: Snapshots taken every hour, 24 times a day, based on the average daily holdings
▶️ Earnings distribution: Automatically credited to the asset account the next day
▶️ Notes: USD1 in current or fixed-term financial products are not included in the statistics
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