Gate platform BTC mining pledge exceeded 2,528, with the current annualized yield of 10%.

According to BlockBeats, on September 9, according to the latest data from the Gate platform, the total pledge volume of its BTC mining projects has exceeded 2,528 BTC. Currently, users can enjoy up to 10% annualized interest rates by obtaining GTBTC by pledging BTC. GTBTC is a Bitcoin-encapsulated token launched by Gate, which supports minting and redemption at any time. The reserve assets are completely transparent and 100% reserves can be checked. After users encapsulate BTC as GTBTC, they can not only earn stable interest, but also participate in a variety of application scenarios on the chain to release more value. Up to now, GTBTC has been issued on four chains: Ethereum, BNB Smart Chain, Base, and Solana. The on-chain supply volume can be queried in real time to ensure transparency and security.