Gate News bot news, according to the official announcement from Gate on August 11, 2025:
The Gate Yubi Bao platform has launched a new 7-day fixed-term financial product for the CORN token. This product offers an annualized yield of 300%, with a total allocation of 3.4 million CORN tokens, using a limited release and first-come, first-served distribution mechanism.
CORN is a project focused on optimizing the use cases of Bitcoin. This project has previously received investments from well-known institutions such as Polychain Capital, Framework, and Tribe Capital, with a total funding amount of $16.5 million, aiming to provide more convenient ways to use Bitcoin and profit opportunities.
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