One-click staking to Mining

In Gate’s on-chain earning mechanism, the BTC mining product provides Bitcoin holders with a simple and efficient income pipeline. Users only need to stake their BTC to exchange it for GTBTC at a 1:1 ratio and automatically activate the daily income distribution mechanism.

The total staking amount on the platform has reached 1615.20 BTC, with a reference annualized yield of 3% (including additional rewards). Users can start accumulating GTBTC earnings after staking, and can redeem GTBTC for BTC at a 1:1 ratio at any time.

Complete the Mining process in three steps.

1. Stake BTC to earn GTBTC
   Stake BTC on the Gate platform, and the system will automatically convert it at a ratio of 1BTC = 1GTBTC, serving as the base asset for subsequent earnings.
2. Hold GTBTC and earn daily rewards.
   GTBTC, as a staking representative asset, will distribute earnings daily based on the actual mining results of the network nodes, also in the form of GTBTC.
3. Redeem BTC, freely withdraw assets
   Users can redeem their GTBTC for BTC at a 1:1 ratio at any time, allowing for flexible fund management without lock-up restrictions.

Participate in Gate BTC staking now and start your on-chain mining收益 journey:https://www.gate.com/staking/BTC

Why choose Gate BTC Mining?

1. Low threshold entry
   A minimum of only 0.001 BTC is required to participate, lowering the asset participation threshold, making it suitable for most users’ strategic allocations.
2. Flexible Staking and Redemption
   Supports instant staking and anytime redemption, adapting to diverse PoS strategies and market changes, without affecting user operational freedom.
3. Daily Dividend
   The rewards of GTBTC obtained by validators will be automatically calculated daily and distributed to the account without any additional operations.
4. 100% reserve guarantee
   Gate provides full reserve support to ensure the safety of every user’s staked assets.

How is the annualized return calculated?

The reference annualized return will fluctuate based on the actual on-chain staking rewards each day. This value is dynamically calculated from the total GTBTC rewards of all Gate validators on the BsquaredNetwork blockchain. To ensure the perpetual operation of the product, the platform will charge a 3% service fee on the daily earnings. The earnings calculation formula is as follows:

• GTBTC Earnings = GTBTC Holdings × Daily Annualized Rate / 365 × (1 - Service Fee)

Daily earnings will start to be distributed on the 1st day after staking (D+1), and users can view and track their returns at any time.

Frequently Asked Questions

Q: Can I exchange GTBTC at any time?
A: Yes, GTBTC can be exchanged back to BTC at any time and will be credited immediately.

Q: Can I cancel the pledge or redeem it after the order is submitted?
A: Once an order is submitted, it cannot be canceled, but users can re-stake or redeem new assets at any time, with flexibility and no restrictions.

Summary

Gate’s BTC staking product opens a robust appreciation channel for Bitcoin holders, allowing flexible participation and daily earnings whether for long-term holding or strategic management.