Gate News, according to Gate's official announcement, Gate has now launched the HYPE staking product, with a minimum investment of only 0.03 HYPE and a current annualized yield of 2.15%.
HYPE staking is Gate's on-chain staking product, allowing users to earn real on-chain rewards by staking HYPE. According to the product rules, users who stake on day D will start accruing interest on day D+1, with rewards distributed on day D+2. Interest is automatically distributed daily in the form of HYPE tokens. Users can redeem HYPE rewards at any time, and redemption requests will be processed within D+8 days after submission. The redemption period will be dynamically adjusted based on on-chain conditions.
The product's annualized yield fluctuates daily based on user staking participation and staking rewards.