Figure:https://www.gate.com/staking/BTC

Against the backdrop of the current recovery in the cryptocurrency market, how to make the BTC in hand play a greater value has become the focus of investors’ attention. The on-chain earning coin BTC mining product launched by Gate has officially gone live, attracting numerous users to participate due to its low threshold, flexible redemption, and high annualized advantages. This article will provide you with a comprehensive analysis of the product highlights, revenue mechanism, and participation methods, helping you easily embark on your on-chain passive income journey.

Analysis of the Highlights of BTC Mining Products

1. Ultra-low threshold, investment starting from 0.001 BTC
   No need for a large principal amount; users only need to hold more than 0.001 BTC to participate in mining staking, significantly lowering the participation threshold for ordinary investors.
2. No redemption period, withdraw anytime
   Unlike traditional lock-up mining, Gate’s newly launched BTC mining product has no redemption period, allowing for redemption at any time, making it convenient for users to flexibly respond to market fluctuations and control asset liquidity.
3. Stable returns, with a maximum annualized rate of 3%

Image:https://www.gate.com/announcements/article/45598

The product offers an annualized reference of 2% base yield + 1% additional reward, with a maximum comprehensive annualized return of 3%. The additional portion is distributed in GT, enhancing the overall return.

Detailed Explanation of the Revenue Mechanism

After staking, users will receive the corresponding amount of GTBTC, which is a token representing the BTC staking assets. GTBTC can be exchanged back to BTC at a 1:1 ratio, and the earnings are automatically settled and distributed daily.

The profit calculation formula is as follows: GTBTC profit = Holding amount × Daily annualized / 365 × (1 - Fee)

An additional 1% annual reward will be distributed in the form of the platform token GT, credited on T+1.

For example: If you stake 1 BTC, you can expect to earn about 0.03 BTC in a year, including GTBTC and GT rewards.

Subscription and Redemption Rules

1. Purchase method: Through the Gate Web or App, enter the 【Earn Coins】 - 【On-chain Earn Coins】 section, select the BTC corresponding product to purchase with one click, no limit on the number of participants.
2. Interest period: D days of staking, starting from D+1, dividends are distributed daily, and users can check their earnings every day.
3. Redemption process: Users can exchange GTBTC for BTC at any time, and the redemption operation will be credited immediately upon submission, without having to wait for a cumbersome processing period.

Reference annualization and reward mechanism

Gate’s on-chain BTC mining product for earning coins adopts a floating annual yield system. The reference annual yield is not a fixed value and will be dynamically adjusted based on the efficiency of the platform’s fund pool and user participation.

The additional reward mechanism is a long-term plan provided by Gate to encourage users to stake for an extended period, distributing GT reward coins proportionally to eligible users. This type of reward is adjusted irregularly, but the overall annualized comprehensive yield can reach up to the reference annualized indicator value.

Advantages of Gate on-chain coin earning platform

Gate on-chain coin earning aggregates high-quality projects from multiple mainstream blockchains, such as PoS staking, ETH 2.0, and liquidity staking. Compared to traditional mining, it has the following three major advantages:

• Professional Risk Control: All projects undergo dual review by Gate’s internal risk control team and smart contract audit team.
• Diverse products: Offers multi-coin options, including BTC, ETH, SOL, DOT, etc., to meet different user needs.
• Easy to operate: One-click subscription, no need to configure a wallet or run a node, suitable for novice users to get started quickly.

How to participate in BTC mining?

Web version path: Log in to Gate official website → Earn coins → On-chain earn coins → Search “BTC” → Click to subscribe.

App path: Open Gate App → Click “Earn Coins” on the homepage → Enter “On-Chain Earn Coins” → Search for “BTC” → Click to participate.

Note: Users in the UK and certain restricted regions cannot access this service, subject to the platform’s user agreement.

Risk warning and investment advice

Although earning coins on-chain is a relatively stable investment method, the prices of crypto assets are still influenced by multiple factors such as market conditions and policies. The BTC holdings themselves carry volatility risks that cannot be avoided just by the platform’s earnings. It is recommended that users allocate funds reasonably according to their own risk tolerance and avoid excessive concentration in investments.

Conclusion

Gate’s on-chain coin earning BTC mining product has been launched, featuring low barriers to entry, high returns, and strong flexibility, making it a highlight in the current on-chain wealth management space. For users looking for stable income paths during a bear market, it is undoubtedly an option worth paying attention to.

If you are holding BTC, you might as well try staking it on Gate’s on-chain earning platform, allowing your assets to continuously appreciate!