Bitget launches USDGO Earn with up to 4.3% APR

Foresight News reports that Bitget has launched the USDGO holding-to-earn event. Users do not need to stake or lock their assets; simply holding USDGO in spot or futures accounts will automatically earn returns. The system settles daily and allocates different returns based on VIP level, with a maximum APR of 4.3%. In addition, the event features an "instant exchange slippage subsidy mechanism": users who exchange between USDT and USDGO via instant swap and hold USDGO for 14 days will receive compensation for slippage caused by exchange rate fluctuations, achieving zero-loss exchange. The calculation period for holding returns ends at 00:00 on June 16.

USDGO is issued by Anchorage Digital Bank N.A., the first federally chartered crypto bank in the United States, and operated and distributed by an exchange. This stablecoin is pegged to the US dollar at a 1:1 ratio and operates within a compliant framework.