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Gate Simple Earn has launched USDD fixed-term financial management with an annual yield of 8%, limited to 32 million coins.
According to the Gate News bot message, on September 25, 2023, Gate announced that Simple Earn will launch a 7-day fixed investment product for USDD.
The total amount for this financial product is 32 million USDD, offering an annualized return rate of 8%. The subscription period for the product is from September 25th 15:00 to October 24th 15:00 (UTC+8). The quota is limited and will be sold out once it's gone.
USDD(Decentralized USD) is a decentralized stablecoin pegged to the US dollar through cryptocurrency reserves. Interest will be distributed to participating users in the form of USDD.