Announcements Gate.io Announcement on Simple Earn Interest Rate Mechanism Upgrade

Gate.io Announcement on Simple Earn Interest Rate Mechanism Upgrade

2025-03-14 03:06:17 UTC 107854 Read

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Gate.io has been upgrading the interest rate mechanism of Simple Earn since March 10, 2025, in an effort to further improve Simple Earn users' experience and earnings. The upgrade is still in progress and is conducted gradually, coin by coin. With the upgrade, the lending interest rate of related trading pairs will be adjusted as well.

With the interest rate mechansim adjustment for a coin:
- The new interest rate mechanism will be applied to related Simple Earn subscribers' positions immediately.
- The new interest rate will be adjusted dynamically.
 
 Please note, 
-  The Gate.io borrowing interest is affected by the Simple Earn interest rate, which will change when the Simple Earn interest rate changes.
- Simple Earn is not available to users in the UK and users from restricted countries.
- Gate.io reserved all the rights for the final explanation.

Thanks for your continued support and understanding

<sp>
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Gate.io Team
March 14, 2025

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