Gate News bot message: According to the official Gate announcement, Gate has launched the USDT staking Morpho protocol product. This product allows users to stake USDT to earn on-chain rewards, with a minimum investment of 1 USDT and an current annualized yield of 4.94%.
The USDT staking product operates through the Morpho lending protocol, with funds deployed to the sUSDS-USDT market. Assets staked on day D start accruing interest on day D+1, and interest is paid out on day D+2, automatically distributed daily in USDT. Users can redeem their earnings at any time; redemption requests will be credited on day D+1 after submission.
The annualized yield of this product fluctuates daily based on user staking participation and on-chain dynamics. Gate states that this project has been selected through rigorous protocol review and professional risk assessment.
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