TechFlow news, September 9 — According to official announcement, Bitget Wallet has launched a simplified long-term wealth management product called "Stablecoin Wealth Plus" with an annualized yield of 10%. With no subscription threshold and unrestricted by region, users can deposit and withdraw at any time, with redemption settled within seconds. The first-year annualized return reaches up to 18%. Compared to yield products offered by exchanges and other self-custody wallets, Bitget Wallet's "Stablecoin Wealth Plus" offers nearly double the returns of similar products.
The product is developed in collaboration with leading lending protocol Aave. USDC deposited by users is allocated into Aave’s over-collateralized lending pools deployed on the Base network. Through a combination of Aave protocol lending yields and long-term subsidies from Bitget Wallet, users are guaranteed a minimum annualized return of 10%. Earnings are settled hourly, support real-time on-chain verification of fund flows, and are backed by a $300 million risk protection fund.
Karry, CEO of Bitget Wallet, stated that the company plans to continue leveraging DeFi yield opportunities and protocol composability to develop innovative stablecoin wealth management products with better user experience and higher returns, helping both Web3 and Web2 users easily earn on-chain yields and making crypto accessible and user-friendly for everyone.
