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Bitget Wallet launches the "Holding Coins to Earn Interest" LSD financial management zone, supporting flexible income from holding coins to earn interest

Odaily News Web3 wallet Bitget Wallet officially launched the industry's first "holding coins to earn interest" LSD financial management area, which supports users to earn on-chain income while maintaining asset liquidity. LSD (liquidity staking derivatives) is a tradable token obtained by users after staking assets to the DeFi protocol. The token can continue to enjoy staking income and participate in transactions or other on-chain operations, effectively improving the utilization rate of funds and breaking the limitation of traditional staking that requires lock-up.
The first phase of products covers mainstream public chain ecosystems such as Ethereum, Solana and BNB Chain, and aggregates four LSD financial products, sUSDe, USDY, sUSDS and JitoSOL, with an annualized rate of return between 4% and 8%. The product upgrade of Bitget Wallet marks the entry of on-chain financial services into the stage of enhanced returns. In the future, it will also expand support for more public chain ecosystems such as Tron, Base, Sonic and Sui, and continue to improve the efficiency of on-chain funds.

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