Bitget Wallet launches Avalanche on-chain USDC stake activity, with annualized returns of up to 25%.

Odaily News According to official news, Bitget Wallet will launch a limited-time USDC staking event from August 5 to September 5. Users can participate through its Rewards module, staking USDC on the Avalanche chain via the Euler Protocol to enjoy an annualized return of up to 25%. The current actual return of Euler (approximately 13%) will be supplemented by the event subsidy to cover the difference between it and the activity cap. Euler is a decentralized lending protocol that supports a decentralized lending market for any asset. Through innovative Dutch Auction liquidation and soft liquidation mechanisms, Euler effectively enhances asset security, drops liquidation risks and reduces the probability of MEV attacks.

AVAX2.92%
USDC-0.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)