🚗🎁❄️🏙️ Staking is the process by which cryptocurrency holders lock a certain amount of coins in the network to support its operation. As a result, they receive rewards in the form of additional coins. In other words, staking works similar to a bank deposit, but instead of fiat money, you use cryptocurrency. The size of the reward depends on the specific cryptocurrency and the platform's conditions.

Staking allows you to:
* Earn passive income from cryptocurrencies.
* Support the operation of the blockchain network.
* Have a predictable rate of return, depending on the chosen asset.

Staking on Gate and profitability:
The Gate platform offers various staking options with different annual interest rates (APR). APR (Annual Percentage Rate) indicates the annual percentage yield, but monthly earnings can be roughly estimated as 1/12 of the annual rate.

1. Staking BTC (Bitcoin):
* APR: 10% per year
* Approximate monthly earnings: 10% / 12 ≈ 0.83%
For example, if you lock 1 BTC, you will earn approximately 0.0083 BTC per month.

2. GUSD issuance for new users:
* APR: 100% per year
* Approximate monthly earnings: 100% / 12 ≈ 8.33%
This staking option is very advantageous for new users, as it allows significantly increasing the number of tokens in a short period.

3. Staking ETH (Ethereum):
* APR: 10% per year
* Approximate monthly earnings: 10% / 12 ≈ 0.83%
For example, 1 ETH per month will bring about 0.0083 ETH.

4. Staking SOL (Solana):
* APR: 16% per year
* Approximate monthly earnings: 16% / 12 ≈ 1.33%
If you lock 100 SOL, you will receive approximately 1.33 SOL per month.

Staking on Gate allows you to earn passive income from cryptocurrencies, with profitability varying depending on the asset. BTC and ETH offer stable but modest returns, SOL offers a slightly higher percentage, and GUSD for new users enables very high income during the first months.

It is important to remember that profits depend on the market price of cryptocurrencies and platform conditions, so it is advisable to assess the risks before staking.

P.S. For example, when they say "locked 100 SOL," it means you have sent 100 SOL to staking on the platform.
* You do not sell or spend them; they remain yours but are temporarily "frozen" to participate in the network.
* While they are locked, you receive rewards in the form of additional SOL according to the APR.
* Usually, after the staking period ends or upon unlocking, coins can be freely used or sold again.

Link to official information:
https://gate.com/post?post_id=17198238&tim=UlVAVVpbAwsO0O0O&ref=VVEXUW1ZAQ&ref_type=105

This material is for informational and analytical purposes only and is not an investment, financial, or trading recommendation.
Copying or using this text and images without the author's permission is prohibited.

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