In an exciting development for the crypto community, Bitget has launched its innovative Hold-to-Earn service, named Bitget HodlerYield. This new offering allows users to earn passive income simply by holding supported digital assets, starting with USDE and weETH. The service is designed to provide a seamless way for investors to generate returns without active trading or complex procedures.
Hold-to-Earn represents a shift in how crypto holders can maximize their investments. By maintaining balances in eligible tokens, users receive daily rewards calculated as an Annual Percentage Rate (APR). These rewards are automatically distributed, eliminating the need for manual claims or subscriptions. The APR is dynamically adjusted based on market conditions to ensure fairness and transparency.
How Bitget HodlerYield Works
The service supports multiple holding methods, including spot holdings, collateral in unified margin mode, and sub-account participation. This flexibility ensures that various types of users, from retail investors to more advanced traders, can benefit.
To start earning, users need to hold a minimum of 1 USDT worth of either weETH or USDE. The system scans eligible accounts daily—covering spot, contract, and strategy balances—and calculates rewards accordingly. These rewards are distributed the following day, based on the market price of the supported tokens.
Supported Tokens and Their Benefits
The initial tokens supported are weETH, a liquid restaking token from Ether.fi, and USDE, a synthetic dollar issued by Ethena. These choices provide users with exposure to innovative crypto sectors while earning yields.
- weETH: Offers holders exposure to Ethereum's price movements while earning passive ETH rewards.
- USDE: Provides a stablecoin-like experience with the potential for yield generation.
The service aims to deliver a base APR with occasional promotional opportunities that could push total returns above 20% APR.
Advantages Over Traditional Earn Programs
Unlike traditional staking or earn programs on centralized exchanges, Bitget HodlerYield requires no locking periods or liquidity commitments. Users maintain full control of their assets and can withdraw or trade them at any time without losing accrued rewards.
This model simplifies the user experience by removing barriers to entry. There are no additional steps for subscription or reward collection—everything is automated.
Leadership Insights
Gracy Chen, CEO of Bitget, emphasized the platform's commitment to smarter crypto investment solutions. "We are helping users create passive income streams without worrying about where their assets are stored or managing complex terms," she stated.
Mike Silagadze, CEO of Ether.fi, expressed enthusiasm about the partnership. "We see strong demand for using weETH as collateral, and we're thrilled to collaborate with Bitget to make this accessible," he said.
Getting Started with HodlerYield
Users can participate by holding weETH or USDE in their Bitget accounts. The process is straightforward:
- Ensure you have a Bitget account.
- Acquire weETH or USDE through supported methods.
- Hold the tokens in your spot, margin, or sub-account.
- Receive daily rewards automatically.
The service is designed for ease of use, requiring no ongoing management from the user.
Frequently Asked Questions
What is Hold-to-Earn?
Hold-to-Earn is a service that allows cryptocurrency holders to earn passive income simply by maintaining balances in supported tokens. Rewards are distributed daily based on the amount held.
Which tokens are supported initially?
The initial supported tokens are weETH (from Ether.fi) and USDE (from Ethena). These were chosen for their innovation and utility in the crypto ecosystem.
Is there a minimum holding requirement?
Yes, the minimum holding is 1 USDT worth of either weETH or USDE. This low threshold makes the service accessible to a wide range of users.
How are rewards calculated and distributed?
Rewards are calculated daily based on your eligible balances and the current APR. They are automatically credited to your account the following day.
Can I use my assets while earning rewards?
Yes, you retain full control of your assets. There are no locking periods, so you can trade or withdraw at any time without penalty.
What is the typical APR?
The APR is dynamic and based on market conditions. It includes a base rate plus potential promotional boosts, which can sometimes exceed 20% APR.
Future Outlook and Strategic Vision
The launch of HodlerYield aligns with Bitget's broader vision to provide user-centric, innovative tools for crypto investment. By expanding the use cases for yield-bearing tokens, Bitget continues to enhance its platform's value proposition.
This service is part of a growing trend in crypto towards passive income models that prioritize flexibility and simplicity. 👉 Explore more earning strategies to diversify your portfolio.
As the crypto landscape evolves, Bitget remains committed to introducing features that meet user needs while maintaining security and transparency. The Hold-to-Earn service is a testament to that commitment, offering a reliable way for holders to grow their assets effortlessly.