Gate News bot message, according to the Gate announcement on August 21, 2025: Gate will launch Gate Wrapped BTC (GTBTC) spot trading, with an opening time of August 21, 2025, at 20:00 (UTC+8. The platform will open trading pairs GTBTC/USDT and GTBTC/BTC. GTBTC is an on-chain BTC yield-bearing asset issued by Gate Web3, backed by the platform's BTC reserves and packaged as a standardized on-chain token. This token has been deployed on multiple public chains such as BSC, ETH, BASE, and Solana. Users can mint GTBTC by staking BTC, and the earnings during the holding period will be automatically accumulated in the form of net asset value growth.

Odaily News Gate platform's latest data shows that the total staking amount of its BTC mining products has reached 1,016.99 BTC, with an Annual Percentage Rate of 3.00%, plus additional rewards in GT. Users can stake BTC to receive equivalent GTBTC assets, achieving value appreciation. The total stake of the ETH mining product has reached 147,400 ETH, with a reference Annual Percentage Rate of 3.10%. Users can obtain an equivalent ETH2 asset by staking ETH, realizing value appreciation. According to reports, the service allows users to retain ownership of BTC/ETH assets while using BTC and ETH.

According to the Gate News bot message, as per the official announcement from Gate on June 16, 2025: Gate has launched a BTC on-chain staking mining product, allowing users to earn on-chain rewards by staking BTC. The minimum investment threshold for this product is 0.001 BTC, with no fixed redemption period. The current product offers a reference annualized return of 3%, which includes a 1% base annualized return and a 2% additional GT token reward. Staking rewards will be distributed in the form of GTBTC, which maintains a 1:1 exchange ratio with BTC. Users can redeem their assets at any time, and redemption requests will be credited immediately.

Gate platform data shows that the total staked amount for its BTC staking mining product has reached 499.62 BTC, with an Annual Percentage Rate of 3.00%. Users can obtain GTBTC assets through staking to increase their returns. In addition, the platform also offers various coin staking options including ETH, USDC, USDT, SOL, and GT, each with different yields.