Gate News bot message, according to the Gate announcement on September 12, 2025.
Gate announces the launch of the USDC on-chain earning mining project, with an additional SPK reward pool. This product is supported by technology from Spark Protocol, with a current estimated annualized yield of up to 14.64%.
The product has a minimum investment threshold of 1 USDC, with a redemption period of 1 day. Users who stake USDC will earn basic staking rewards, as well as additional rewards distributed in the form of SPK. This product uses a profit settlement model where staking occurs on day D, interest is calculated on day D+1, and dividends are distributed on day D+2.
This project is a new product in the Gate blockchain earning business, primarily aimed at users who wish to earn on-chain rewards through PoS staking. The total amount of the additional reward pool is limited, and rewards are dynamically adjusted based on market conditions.
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