Announcement on the Adjustment of the Maximum Interest-Bearing Leverage Multiplier for the USDGO HodlerYield Campaign
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Announcement on the Adjustment of the Maximum Interest-Bearing Leverage Multiplier for the USDGO HodlerYield Campaign
2026-09-29 12:57
51122Condividi
In light of recent market volatility and to safeguard the sustainable operation of the campaign, starting from November 5, 2026, 00:00 (UTC+8), the maximum interest-bearing leverage multiplier supported for effective USDGO holdings in UTA trading accounts will be reduced to 3x. Details are as follows:
I. Calculation Method
Effective USDGO holdings in UTA trading account = MIN( 3 × UTA trading account equity ÷ USDGO/USD index price , USDGO quantity held in UTA trading account )
"UTA trading account equity" refers to the net asset value of the account, including the market value of assets in all currencies held in the account and unrealized PnL, net of liabilities and accrued interest (including collateral assets other than USDT).
II. Illustration of the Impact
Assuming account equity of 1,000 USD and a USDGO/USD index price of 1.0000:
|
Scenario
|
USDT Borrowed
|
USDGO Held
|
Holdings / Equity
|
Effective Holdings
|
Interest-Bearing Ratio
|
|
A
|
0
|
1,000
|
1x
|
1,000
|
100%
|
|
B
|
2,000
|
3,000
|
3x
|
3,000
|
100% (full-accrual cap)
|
|
C
|
4,000
|
5,000
|
5x
|
3,000
|
60%
|
|
D
|
8,000
|
9,000
|
9x
|
3,000
|
33%
|
Conclusion: To earn interest on the full position, the position value must not exceed 3× the account equity — that is, borrowed amount must not exceed 2× the principal. Any excess may still be held and traded, but will not be included in the interest-bearing base.
III. Notes
Campaign yields are floating. The campaign yield and the maximum interest-bearing leverage multiplier may be adjusted in real time in line with market conditions. Please refer to the latest announcement for the prevailing terms.
Terms and conditions:
-
Minimum holding requirement: Your account must hold USDGO worth at least 1 USDT.
-
Maximum eligible holding: 20,000,000 USDGO.
-
If the promotion pool is fully distributed ahead of schedule, the promotion will end automatically.
-
Users must complete identity verification to participate in the promotion.
-
Participants must comply with Bitget's terms and conditions.
-
Bitget reserves the right to disqualify any user from participating in the promotion and to revoke their rewards if fraudulent conduct is detected.
-
Bitget reserves the right to amend or revise the promotion terms, or cancel this promotion, at any time without prior notice.
-
Bitget reserves the right of final interpretation regarding this promotion.
For any inquiries, please contact Bitget customer service.
Disclaimer: Cryptocurrencies carry high market risk and volatility, and no returns are guaranteed. This content does not constitute investment advice, nor is it an offer or solicitation to buy or sell digital assets. We strongly recommend conducting independent research before making any investment decisions. Past performance is not indicative of future results. Participation in this promotion is entirely voluntary and does not create any partnership or agency relationship with Bitget. This promotion is managed at our sole discretion, including but not limited to the distribution of rewards (if any). Nothing in this content constitutes financial advice or a recommendation to buy, sell, or trade digital assets. We are not liable for any losses arising from participation in this promotion or the use of any related rewards (if any).
*Questo annuncio è sensibile al fattore tempo. Si prega di notare la data di pubblicazione. La piattaforma non si assume alcuna responsabilità per eventuali perdite dirette o indirette derivanti dal mutare delle circostanze o da contenuti obsoleti.
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