Gate News bot message, according to Gate official announcement
Gate has now launched the CFX staking product, with a minimum investment of only 20 CFX. The current annualized return for CFX is 6.21%, and interest is automatically distributed daily in the form of CFX tokens to user accounts.
CFX staking is an on-chain staking product offered by Gate, allowing users to stake CFX and earn on-chain rewards through Conflux. According to the dividend distribution rules, staking on day D starts earning interest on day D+1, and dividends are paid on day D+2. Users can redeem their CFX earnings at any time; redemption requests will be credited on day D+16 after submission. The annualized return fluctuates daily based on user participation and staking rewards.