BITGET LAUNCHES HOLD-TO-EARN SERVICE, SUPPORTING USDE AND WEETH AS INITIAL TOKENS

VICTORIA, Seychelles, Jan 21 (Bernama) -- Bitget, the leading cryptocurrency exchange and Web3 company, is proud to introduce its innovative Hold-to-Earn service, Bitget HodlerYield, with USDE and weETH as the first supported tokens. This new service provides users with a seamless way to earn passive income by holding mainstream tokens, offering both base annual percentage returns (APRs) and the opportunity to receive additional rewards through special promotions, making the total APR over 20%.

Bitget HodlerYield is structured to cater to diverse user needs by supporting multiple holding methods, including spot holdings, collateral holdings under the unified margin mode, and sub-account participation. By holding eligible tokens such as weETH, a liquid restaking token issued by Ether.fi, or USDE, a synthetic dollar issued by Ethena, users can enjoy daily calculated rewards, which are automatically distributed to their accounts. The service dynamically adjusts APRs based on market conditions, ensuring fairness and transparency while maximizing user benefits.