The total amount of Gate ETH staking has exceeded 160000, with an annualized yield of 5.04%

According to BlockBeats, on August 11th, according to the latest data from the Gate platform, the total amount of ETH pledged for its ETH mining (staking) products has reached 162300 ETH, with a reference annualized return rate of 5.04%. Users can pledge ETH to obtain an equal amount of ETH2 assets, achieving asset appreciation. This service supports instant redemption, releasing liquidity and obtaining stable returns. In addition to ETH, the platform also offers multi currency staking options. As of press time, the reference annualized returns are BTC 3%, USDT 16.72%, USDE 14.63%, SOL 6.25%, and GT 6.26%.