finance
Bitget Opens PoolX Pool Allowing USDGO Deposits for Share of 800 rSPCX Tokens
Bitget opened a PoolX pool at 3 p.m. today that lets users deposit USDGO to receive 800 rSPCX tokens valued at $120,000. The pool carries an estimated 26.48% APR. USDGO is a stablecoin issued by Anchorage Digital.
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Bitget launched a PoolX pool for the rSPCX token at 3 p.m. today. Users deposit the USDGO stablecoin to participate and share in a distribution of 800 rSPCX tokens valued at $120,000, @EmberCN reported.
The pool carries an estimated APR of 26.48%. USDGO is a USD-pegged stablecoin issued by Anchorage Digital. Holders earn between 3.75% and 6% APR on the Bitget platform without staking or lock-up periods.
The token can also be used for Launchpool and IPO Prime subscription activities. Bitget subsidizes slippage costs when users convert USDT to USDGO and back, provided the USDGO is held for at least 14 days. The measure addresses conversion friction that can offset stablecoin yields.
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