Gate News bot message, according to the official announcement from Gate on May 20, 2025:
Gate has launched the Flare Network (FLR) staking mining product, currently offering a reference annualized yield of 31.86%. The minimum staking threshold for this product is 2 FLR, and it supports staking and redemption at any time.
Flare is a Layer 1 blockchain network based on EVM, dedicated to building an application ecosystem that can interoperate with blockchain and the internet. Users can stake FLR in this product to receive daily profit distributions, which are issued in the form of FLR tokens. The interest calculation period for the staked assets starts from D+1 day, with profit distribution on D+2 day.
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Flare Network(FLR)stake service log in Gate, Annual Percentage Rate starting at 31.86%
Gate News bot message, according to the official announcement from Gate on May 20, 2025:
Gate has launched the Flare Network (FLR) staking mining product, currently offering a reference annualized yield of 31.86%. The minimum staking threshold for this product is 2 FLR, and it supports staking and redemption at any time.
Flare is a Layer 1 blockchain network based on EVM, dedicated to building an application ecosystem that can interoperate with blockchain and the internet. Users can stake FLR in this product to receive daily profit distributions, which are issued in the form of FLR tokens. The interest calculation period for the staked assets starts from D+1 day, with profit distribution on D+2 day.