Say Goodbye to Low Interest Rates! Gate Earn GT Flexible Savings: 15% APY, Skate Rewards That Defy Expectations
Finding robust and high-return investment opportunities in the cryptocurrency market has always been the focus of digital asset holders. Recently, Gate’s “Simple Earn” product has once again attracted wide attention from the market with its innovative earning model. By launching the GT (GateToken) Spot Extra Rewards Pool, Gate not only offers an impressive 15% annualized yield but also combines the reward format with the cutting-edge cross-chain technology project Skate, bringing users an unprecedented asset appreciation experience.
Gate: A trusted digital asset portal with eight years of deep cultivation.
Since its establishment in 2013, Gate has developed into one of the world’s top digital asset trading platforms, thanks to its relentless pursuit of security, compliance, and user experience. With millions of active users worldwide, Gate offers a diverse range of products and services, including spot trading, margin trading, contract trading, ETF trading, Simple Earn, lending, and Startup projects.
Gate has always prioritized the security of user assets, building an unbreakable security barrier through technologies such as the separation of hot and cold wallets, multi-signature, and remote disaster recovery backup. At the same time, its strict coin listing review mechanism ensures that users can access high-quality and potentially valuable digital asset projects. This robust operational style and continuous investment in technological innovation have earned Gate a good market reputation and laid a solid foundation for the smooth launch of this GT flexible investment activity.
As the native platform coin of the Gate ecosystem, GT (GateToken) is not just a trading medium, but also an important engine that carries platform value and drives ecological development. GT has a wide range of practical scenarios and a unique value capture mechanism within the Gate platform: it is precisely based on the extensive application scenarios of GT and its status as the core asset of the Gate ecosystem that GT not only possesses practical value but also has long-term investment potential. This GT Simple Earn activity will undoubtedly further enhance the market liquidity and holding attractiveness of GT.
Simple Earn: A flexible and convenient tool for cryptocurrency asset appreciation
“Simple Earn” is a flexible and convenient financial product created by Gate for users, aimed at helping them make the most of their idle digital assets to earn profits. Its core advantage lies in the term “on-demand”, which means that users can purchase and redeem assets at any time without the need to lock in for a specific period, greatly enhancing the liquidity of funds.
In traditional finance, the yields on demand deposits are often low, while in the digital currency market, demand financial management has found a better balance between liquidity and returns. Simple Earn utilizes professional fund management and strategic deployment to allocate users’ deposited assets to on-chain DeFi protocols, high-frequency quantitative trading, etc., thereby achieving yield distribution. For users who do not wish to lock their assets for a long time, Simple Earn is undoubtedly an ideal source of passive income. In this event, Gate has added extra rewards to the Simple Earn GT demand product, significantly enhancing its competitiveness and making it a market focus.
SKATE: A pioneer of multi-virtual machine infrastructure, empowering a new cross-chain ecosystem
One of the highlights of this GT flexible additional rewards pool is that the extra rewards will be distributed in the form of SKATE. This not only provides users with additional value increment but also directs users’ attention to Skate, a highly promising cutting-edge project.
Skate is an innovative multi-virtual machine infrastructure project aimed at addressing the increasingly prominent issues of fragmentation and interoperability in the current blockchain world. Its core vision is to enable any decentralized application (DApp) to run seamlessly across multiple blockchains, including EVM virtual machines and various other virtual machines.
In the current blockchain ecosystem, different virtual machines (VMs) such as Ethereum (EVM), Solana (SVM), and Move (Aptos/Sui) have formed their own independent ecosystems. DApps and users are often restricted to specific chains, making cross-chain interactions complex and costly, which in turn fragments liquidity. The emergence of Skate is precisely to break down these barriers and achieve true “multi-chain collaboration.”
The core technological highlights of Skate include:
· Multi-VM Compatibility: Skate allows EVM applications to natively run in non-EVM environments such as SVM or MOVE, and vice versa. This means that developers do not need to rewrite code for different virtual machines, significantly reducing the development threshold and maintenance costs.
· Seamless cross-chain operation: DApps can be deployed on Skate, enabling seamless operation across different blockchains. Users can enjoy a unified DApp experience without being aware of the differences in the underlying chains.
· Skate AMM: As the core product of Skate, Skate AMM (Automated Market Maker) enables multi-VM and single liquidity curves across all chains. This addresses the issue of fragmented cross-chain liquidity, enhances capital efficiency, and provides users with a better trading experience.
Through Skate, users will be able to more conveniently access applications across different chains, and developers can more efficiently deploy and scale DApps, thereby promoting the prosperity of the entire Web 3.0 ecosystem. Gate’s decision to collaborate with Skate and offer its token as an additional reward not only demonstrates Gate’s keen insight into cutting-edge technological trends but also brings significant exposure and initial user support to the Skate project, achieving a win-win situation.
The Temptation of 15% Annualized Returns: Strategies and Opportunities Coexist
The figure of “an annualized yield of 15%” is undoubtedly the most eye-catching highlight of this event. In the context of increasing volatility in the cryptocurrency market and lackluster interest rates in traditional financial markets, a 15% annualized return on demand deposits is highly attractive to any investor.
According to the details of the event, this 15% comprehensive annual yield is on top of the existing annual yield of GT, with an additional SKATE rewards. The annual rate for the extra rewards is as high as 10%. This 10% additional reward will be distributed from a reward pool of a total of 150,000 SKATE on a first-come, first-served basis.
What does this mean?
High Passive Income: For GT holders, depositing their GT into Simple Earn for flexible terms allows them to easily obtain high passive income that far exceeds traditional financial products. Even short-term holders can effectively utilize idle assets through flexible wealth management.
SKATE Early Benefits: Additional rewards are distributed in the form of SKATE, providing users with the opportunity to participate in the early development of a potentially promising cross-chain project. If the Skate project develops smoothly in the future, the value of the SKATE token may further increase, bringing users excess returns.
Scarcity and Urgency: The setting of “a total of 150,000 SKATE additional rewards, first come first served” emphasizes the limited nature of the rewards and the urgency of time. This will undoubtedly motivate more users to actively participate and quickly subscribe to GT Simple Earn to lock in high rewards.
From Gate’s perspective, this high-yield activity is also a shrewd market strategy. It not only attracts a large number of users to deposit GT into Simple Earn, increasing the market demand and liquidity for GT, but also promotes the innovative project Skate, consolidating Gate’s leading position in the DeFi and cutting-edge technology fields. In this way, Gate further enhances its platform’s appeal to users and projects, strengthening its core competitiveness in the crypto ecosystem.
