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Gate Reports 664,100 Solana (SOL) Staked; Yield Leads Rates Among Four Listed Assets

SOL’s reference annualized yield was 7.39%, above Gate’s listed rates for Ether, GUSD and Bitcoin. Stakers receive GTSOL and can enter or exit staking quickly.

Updated 1 min read
A pedestrian checks a phone near an office building in Msida, Malta. / TokenPost.ai (mono)
A pedestrian checks a phone near an office building in Msida, Malta. / TokenPost.ai (mono)

Gate’s staking service held a record 664,100 Solana (SOL), while its 7.39% reference annualized yield stood above the rates for three other assets on the platform.

The figure counts SOL held in Gate’s service. Stakers receive GTSOL, and Gate lets them enter or exit staking quickly.

Bitcoin (BTC) was listed at 2.67%, GUSD at 3.20% and Ether (ETH) at 4.08%, all below SOL’s 7.39% reference rate.

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