TechFlow, August 5 — According to official announcements, Bitget Wallet will launch a limited-time USDC staking event from August 5 to September 5. Users can participate via the Rewards module by staking USDC on the Avalanche chain through Euler Protocol, enjoying up to 25% annualized returns. The difference between the current actual yield from Euler (approximately 13%) and the event's maximum rate will be covered by activity subsidies.
Euler is a decentralized lending protocol that supports decentralized lending markets for any asset. Through innovative Dutch auction liquidations and soft liquidation mechanisms, Euler effectively enhances asset security and reduces liquidation risks and the probability of MEV attacks.
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