Gate Introduces BOB Launchpad USDT 300% Annual Yield
Gate has launched a limited-time wealth management campaign for BOB Launchpad users. From November 13 at 16:00 to November 21 at 16:00 (UTC+8), new Yu’e Bao users who participated in Web3 Launchpad Phase 1 BOB subscription can subscribe to a 3-day fixed-term USDT deposit. The offering delivers a 300% annualized yield on USDT, rewarding active traders and enhancing platform liquidity. To qualify, users must have completed the Phase 1 BOB purchase. This high-yield fixed-term deposit aims to attract yield-seeking investors and boost USDT demand on Gate’s exchange.
Bullish
The 300% annualized USDT yield from Gate’s BOB Launchpad campaign is likely bullish for both the exchange and the stablecoin market. Historically, high-yield offerings drive rapid capital inflows and lock up large amounts of assets—in 2021, generous farming rewards on DeFi platforms led to surges in total value locked and trading volumes. In the short term, this promotion should increase USDT deposits on Gate, tighten circulating supply, and boost trading activity. Over the long term, sustained high yields can enhance Gate’s market share, deepen liquidity pools, and strengthen trader confidence, provided the platform maintains transparent incentive mechanisms.