Gate BTC staking mining uses on-chain wrapping and staking mechanisms to let users earn yield distributions on-chain while holding BTC, maximizing potential investment returns. When you stake BTC, you receive GTBTC, a wrapped token representing your yield rights. You can redeem GTBTC for BTC at any time, which provides a flexible and seamless experience.
Total Staked: 968.21 BTC
Reference Annualized Yield: 2.99%
Current Exchange Rate: 1 GTBTC ≈ 1.000027 BTC
1. Stake BTC to Receive GTBTC
When you stake BTC, you receive an equivalent amount of GTBTC, which represents your staking entitlement.
2. GTBTC Grows in Value Over Time
GTBTC appreciates steadily over time, with rewards coming from on-chain mining and DeFi protocols. This is reflected in changes to the GTBTC exchange rate.
3. Redeem BTC Anytime
You can redeem your BTC at any time using GTBTC. As GTBTC’s value increases, you can redeem more BTC than you originally staked.
To participate, visit: https://www.gate.com/staking/BTC
Gate partners with multiple DeFi projects in the Bitcoin ecosystem, aggregating mining and DeFi rewards and converting them into BTC. These returns are regularly reflected in the GTBTC/BTC exchange rate, allowing holders to benefit from simply holding GTBTC.
GTBTC doesn’t have a fixed exchange rate. Its value in BTC adjusts according to actual on-chain yield. Here’s how it works:
You will earn yield according to the same rules, whether you purchase GTBTC or receive it by staking BTC. When you redeem BTC with your GTBTC, your final return is determined by the current exchange rate.
Gate BTC staking mining is an efficient way to earn BTC yield on-chain, combining flexibility, steady returns, and robust asset security—offering users a low-risk, high-reward opportunity for BTC growth.