PANews reported on November 14 that according to the official announcement, Gate.io will launch a series of USDE financial products starting from November 15, 2024, including USDE mining, USDE Yubibao and USDE active currency financial management, to provide stablecoin users with higher expected annualized returns and asset utilization. Among them, USDE mining allows users to participate in on-chain staking with a threshold as low as 0.1 USDE, with an expected annualized return of at least 34%, while supporting flexible redemption to provide guarantee for fund liquidity.
In addition, USDE Yubibao will further enhance interest-earning rewards and asset flexibility, and users can obtain real-time income and additional annualized bonuses, with a combined additional annualized bonus of at least 34%. It is worth noting that after users deposit USDE into Yubibao and enable the unified account function, they can also use the assets as leveraged lending or contract margin, greatly optimizing the overall yield and liquidity.
