BTC Staking

The Est. APR is dynamically changing on a daily basis along with on-chain staked principal and returns. In order to ensure the sustainability of the product, 3% of the staking reward will be charged as a service fee. The staking reward will be released on D+1 after staking.

After staking BTC, return will be released in the form of GTBTC based on the amount of staked BTC. The Est. Daily APR is calculated based on the total amount of GTBTC reward earned by Gate validators on the BsquaredNetwork network and is subject to daily market fluctuations. GTBTC Return = GTBTC Holding Amount × Daily APR / 365 × (1 - Service Fee)

If you stake on day D, interest will be paid on D + 1.

You can redeem your GTBTC return at any time and BTC will be credited to your account immediately.

No. The order cannot be canceled. But you can stake or redeem your BTC again through BTC Staking at any time.