I used to think that high-yield financial products either had a very high threshold or posed great risks, but Gate's Simple Earn USDT flexible product changed my perspective. With a minimum investment of 1 USDT and an annualized return of 24%, the daily earnings can indeed cover the cost of a cup of milk tea.

I calculated an account: assuming an investment of 10,000 USDT, with an annualized return of 24%, the daily profit is about 6.5 USDT, and after a month, it approaches 200 USDT. Although it can't compare to the high profits of trading coins, it is stable, and the funds can be redeemed at any time, making liquidity much better than fixed-term wealth management.
However, I also found that the returns on Gate are not fixed and the official rates are adjusted according to market conditions. For example, recently there was a strong demand for borrowing in the market, and the returns once surged to 24.4%, but have slightly retreated recently, still remaining above 20%. This indicates that the returns are linked to the market conditions, and investors need to stay attentive.
My strategy is to diversify investments, with a portion of the funds placed in Simple Earn to earn interest, and another portion for low-risk arbitrage. This way, I won't miss out on high returns while also reducing the risk of a single product. If you are also looking for stable crypto wealth management, Gate Simple Earn is worth a try.