Gate DEX Launches USDD Staking Campaign on BNB Smart Chain

According to the company’s official statement, the program offers 5% APY and 20,000 USDD in additional rewards for USDD or USDT staking (locking crypto to earn rewards) from March 12, 2026 to April 11, 2026.

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Summary

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Terms & Concepts
  • Staking: Locking cryptocurrency in a protocol or platform to earn rewards or yield.
  • APY: Annual percentage yield, a yearly return rate that includes the effect of compounding.
  • BNB Smart Chain: A blockchain network commonly used for crypto tokens, smart contracts (self-executing blockchain code), and decentralized applications.