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Gate Simple Earn USD annualized interest rate突破400%,持续近24小时
According to the Gate.io News bot, feedback from the community indicates that the Simple Earn USD flexible Annual Percentage Rate experienced significant Fluctuation between April 11 and April 12. Data shows that the product's Annual Percentage Rate remained above 400% from 21:00 on April 11 to 21:00 on April 12, lasting nearly 24 hours.
During the same period, the annualized yield of Ethena sUSDe remained at around 4.87%, while the USDe interest rates of mainstream lending protocols such as Morpho and Aave remained stable.
Source: Wu Says