Earn 15% without lock-up? A comprehensive analysis of Gate Simple Earn's "high-interest on demand" feature.

In the cryptocurrency market, seeking stable and high-yield investment opportunities is the wish of all digital asset holders. Today, Gate's "Yubibao" product has been upgraded once again. By introducing the GT (GateToken) flexible additional reward pool, Gate not only offers a comprehensive annualized return rate of 15%, but also deeply integrates the reward format with the cutting-edge cross-chain technology project Skate, opening a new chapter of unprecedented asset appreciation for users.

##Gate: Eight years of accumulation, creating a globally trusted digital asset portal.

Since its establishment in 2013, Gate has always adhered to the utmost pursuit of security, compliance, and user experience, and has risen to become one of the top digital asset trading platforms globally. Gate has built a diversified product matrix covering spot trading, leveraged trading, contract trading, ETF trading, wealth management lending, Startup projects, etc., to meet users' comprehensive investment needs.

Gate always places the safety of user assets at its core, building a solid security defense through strict technical measures such as the separation of cold and hot wallets, multi-signature, and remote disaster recovery backup. At the same time, its stringent coin listing review mechanism ensures that users only come into contact with high-quality and promising digital asset projects. This robust operational philosophy and relentless investment in technological innovation have earned Gate an outstanding market reputation and laid a solid foundation for the successful launch of this GT flexible wealth management activity.

As the native platform token of the Gate ecosystem, GT (GateToken) is not just a trading medium, but also an important engine that carries platform value and drives the vigorous development of the ecosystem. GT has a wide range of application scenarios and a unique value capture mechanism within the Gate platform, which endows it with not only practical value but also long-term investment potential. This GT regular wealth management activity will undoubtedly further enhance GT's market liquidity and holding attractiveness.

##Yubi Treasure: A flexible and convenient tool for appreciating cryptocurrency assets

"Yu Bi Bao" is a flexible and convenient financial product tailored by Gate for users, aimed at helping users make full use of idle digital assets to earn returns. Its core advantage lies in the two words "current period", which means that users can purchase and redeem assets at any time without locking in a specific period, greatly enhancing the liquidity of funds.

Compared to the meager returns of traditional financial demand deposits, the demand financial management in the digital currency market has found a better balance between liquidity and returns. Yu Bi Bao utilizes professional fund management and strategic deployment to use the assets deposited by users for on-chain DeFi protocols, high-frequency quantitative trading, etc., thereby achieving profit distribution. For users who are unwilling to lock up their assets for a long time, Yu Bi Bao is undoubtedly an ideal source of passive income. In this event, Gate has added additional rewards to the Yu Bi Bao GT demand product, significantly enhancing its competitiveness and making it the market focus.

##SKATE: A pioneer in multi-virtual machine infrastructure, empowering a new cross-chain ecosystem

One of the highlights of this GT flexible regular additional reward pool is that the additional rewards will be distributed in the form of SKATE. This not only provides users with an additional value increment but also directs users' attention to Skate, a highly potential cutting-edge project.

Skate is an innovative multi-virtual machine infrastructure project aimed at addressing the increasingly prominent issues of fragmentation and interoperability in the current blockchain world. Its core vision is to enable any decentralized application (DApp) to run seamlessly across multiple blockchains, including EVM virtual machines and other types of virtual machines.

In the current blockchain ecosystem, different virtual machines (VMs) such as Ethereum (EVM), Solana (SVM), and Move (Aptos/Sui) have each formed independent ecosystems. DApps and users are often restricted to specific chains, making cross-chain interactions complex and costly, which in turn splits liquidity. The emergence of Skate is aimed at breaking down these barriers to achieve true "multi-chain collaboration."

##The core technology highlights of Skate include:

· Multi-VM Compatibility: Skate allows EVM applications to run natively in non-EVM environments such as SVM or MOVE, and vice versa. This means developers do not need to rewrite code for different virtual machines, greatly reducing development thresholds and maintenance costs.

· Seamless cross-chain operation: DApps can be deployed on Skate, enabling seamless operation across different blockchains. Users can enjoy a unified DApp experience without needing to be aware of the differences in the underlying chains.

· Skate AMM: As the core product of Skate, Skate AMM (Automated Market Maker) enables multi-VM, single liquidity curves across all chains. This addresses the problem of fragmented cross-chain liquidity, enhances capital efficiency, and provides users with a better trading experience.

Through Skate, users will be able to access applications on different chains more conveniently, and developers can deploy and scale DApps more efficiently, thereby promoting the prosperity of the entire Web3.0 ecosystem. Gate's choice to collaborate with Skate and use its tokens as additional rewards not only demonstrates Gate's keen insight into cutting-edge technology trends but also brings significant exposure and early user support to the Skate project, achieving a win-win situation.

##The Temptation of 15% Annual Yield: Strategies and Opportunities Coexist

The figure of "currently an annualized yield of 15%" is undoubtedly the most eye-catching highlight of this event. In the context of increasing volatility in the cryptocurrency market and the sluggish interest rates in traditional financial markets, a 15% annualized return on demand deposits is highly attractive for any investor.

According to the event details, this 15% comprehensive annualized return is based on the original annualized return of GT, with an additional SKATE reward. The additional annualized rate of this reward is as high as 10%. This 10% extra reward will be distributed from a reward pool of a total of 150,000 SKATE on a "first come, first served" basis.

This means:

1. High Passive Income: For GT holders, depositing their GT into the Yubi Treasure savings account allows them to easily earn a passive income significantly higher than traditional financial products. Even short-term holders can effectively utilize idle assets through the savings management.

2. Early SKATE Dividend: Additional rewards are distributed in the form of SKATE, which provides users with the opportunity to participate in the early development of a promising cross-chain project. If the Skate project develops successfully in the future, the value of SKATE tokens may further increase, bringing users extraordinary returns.

3. Scarcity and Urgency: The setting of "A total of 150,000 SKATE additional rewards, first come first served" emphasizes the limited nature of the rewards and the urgency of time. This will undoubtedly motivate more users to actively participate and quickly subscribe to GT flexible wealth management to lock in high rewards.

From Gate's perspective, this high-yield activity is also a savvy market strategy. It not only attracts a large number of users to deposit GT into Yubi Bao, increasing the market demand and liquidity of GT, but also promotes the innovative project Skate, consolidating Gate's leading position in the fields of DeFi and cutting-edge technology. In this way, Gate further enhances its platform's appeal to users and projects, strengthening its core competitiveness in the crypto ecosystem.

Author: Blog Team *This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. *Please note that Gate may restrict or prohibit all or part of its services from restricted areas. Please read the user agreement for more information, link: