Today, I casually browsed the financial products page on Gate and saw that ERA has a 7-day fixed product with an annualized rate of 500%. My first reaction was: Is this just a gimmick?



I checked it out, and it's actually not the kind of "long-term high profits," but rather a short-cycle, high-yield fixed-term financial product that locks for 7 days and pays back principal and interest upon maturity. The amount is limited, and it looks more like a phased promotion or incentive product.

I compared it with other financial products on the platform:
USDT is flexible at around 13%.
BTC/ETH is usually around 5%-7%.
ERA is a fixed-term lock for 7 days, after which the principal and interest will be paid in a lump sum. If you redeem early, you will not receive any interest.

The market is currently unclear, and I don't really want to chase the ups and downs. Instead of letting the coins sit in the wallet collecting dust, it’s better to put them in the Yubibao to earn a bit of interest, even if it’s not much, it's stable. To put it simply, this is more like a tool to keep "idle coins" from being idle, with no operational threshold, and you don't have to worry too much about monitoring the market or setting stop losses.

I am ready to try with a small amount, since the time is short, if I lose, it will be considered tuition fees. It is more suitable for users who want to gain additional income during the holding period, with a low threshold, daily interest calculation, and transparent returns.

The announcement and product page are here; those interested can take a look:
Announcement link:
Product link:

#Gate
ERA2.26%
BTC0.96%
ETH4.99%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
MagicalPhoneRealismvip
· 07-18 05:00
What's the situation?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)