Bitget Launches On-Chain Earning Product: 11.55% APY for USDC, 7.68% APY for USDT

Bitget has rolled out a new on-chain earning product. I checked it out, and the current real-time APY is 11.55% for USDC and 7.68% for USDT. Plus, there's a deposit cap of $5 million per account. For a flexible on-chain earning product with instant deposit and withdrawal, this APY and deposit limit are pretty attractive. In terms of transparency, I think their on-chain earning product is doing an excellent job: they generate a unique address for every user who deposits funds in the on-chain earning section. Through this address, you can see your funds being deposited into the on-chain protocol. With this personalized address, you can check your fund balance, deposit status, interest earnings, and more at any time. The logic, process, and asset transparency are essentially the same as managing your own on-chain investments via a wallet. The only difference is that Bitget handles the complicated wallet operations for you: you don’t need to transfer funds to an on-chain wallet, authorize protocols, or make deposits yourself. All you need to do is click deposit or withdraw in the Bitget app. If you're interested, you can check it out on Bitget's on-chain earning page: https://www.(bitget.com)/earning/staking