Bybit Partners with XAUE Protocol to Launch 2.83% Fixed APR Savings for Tether Gold (XAUT)
Bybit has announced a strategic partnership with XAUE Protocol to introduce a fixed-term savings product on its 'Easy Earn' platform. The offering allows holders of Tether Gold (XAUT) to earn a 2.83% fixed annual percentage rate (APR) over a 90-day term, providing a yield-generating mechanism for tokenized gold assets. The program is limited by a total pool of 2,000 XAUT and operates on a first-come, first-served basis. By integrating the institutional-grade XAUE Protocol—an Ethereum-based treasury layer—Bybit aims to offer users a way to generate returns measured in gold while maintaining direct exposure to the underlying asset's value.
Topics: Crypto Savings Gold-backed Tokens Partnership Yield Generation