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    Home » Bitget Launches Hold-to-Earn Service, Initially Supporting USDE and weETH
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    Bitget Launches Hold-to-Earn Service, Initially Supporting USDE and weETH

    By adminJan. 20, 2025003 Mins Read
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    Bitget Launches Hold-to-Earn Service, Initially Supporting USDE and weETH
    Bitget Launches Hold-to-Earn Service, Initially Supporting USDE and weETH
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    Global leading cryptocurrency exchange and Web3 company Bitget has announced the launch of its innovative Hold-to-Earn service—Bitget HodlerYield, with USDE and weETH as the first supported tokens. This new service offers users a convenient way to earn passive income by holding mainstream tokens, providing not only a basic APR return but also additional rewards through special promotional activities, with a total APR exceeding 20%.

    Bitget HodlerYield aims to meet the diverse needs of users, supporting various holding methods, including spot holdings, collateral holdings under a unified margin model, and participation through sub-accounts. By holding eligible tokens, such as the liquidity re-staking token weETH issued by Ether.fi or the synthetic dollar USDE issued by Ethena, users can enjoy daily settled rewards, automatically distributed to their accounts. The service dynamically adjusts the APR based on market conditions, ensuring fairness and transparency while maximizing user returns.

    Bitget CEO Gracy Chen stated:

    Ether.fi founder and CEO Mike Silagadze remarked:

    HodlerYield provides users with flexible asset management options while maintaining stable returns. At the end of each day, a snapshot of user account balances, including spot, contract, and strategy accounts, is taken to determine eligible rewards. The minimum holding amount for weETH or USDE is 1 USDT, and rewards are distributed the following day based on the market price of the designated token.

    The launch of HodlerYield demonstrates Bitget’s commitment to providing a secure, user-centric platform. This service expands the use cases for yield-bearing tokens and reflects the company’s long-term vision of helping users make smarter investments.

    About Bitget
    Founded in 2018, Bitget is a world-leading cryptocurrency trading platform and Web3 company. Currently, Bitget serves users in over 100 countries and regions, helping more than 45 million users achieve intelligent trading through various solutions, including its leading copy trading service. The Bitget Wallet, formerly known as BitKeep, is a world-class multi-chain cryptocurrency wallet that offers a range of Web3 solutions and interactive features, integrating wallet services, Swap, NFT marketplace, DApp browser, and more. Bitget encourages individuals to embrace cryptocurrency by collaborating with trusted partners, including being the official cryptocurrency partner of La Liga, the top professional soccer league globally, in East Asia, Southeast Asia, and Latin America, as well as Olympic athlete partners such as wrestling world champion Buse Tosun Çavuşoğlu, boxing gold medalist Samet Gümüş, and national volleyball team member İlkin Aydın.

    This article is provided by official sources and does not represent the views or investment advice of this site. Readers are advised to conduct their own due diligence.

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