Gate said total subscriptions for GUSD have reached $217 million.
GUSD treasury yield product upgraded
According to the official announcement, Gate has completed a full upgrade of its flexible U.S. Treasury yield product tied to GUSD. Users holding GUSD can receive a 3.8% annualized yield, with funds available for deposit and withdrawal at any time. Rewards are distributed daily to either spot accounts or trading accounts.
Gate also said new users who subscribe to the GUSD treasury product can, for a limited time, receive a 100% annualized yield offer.
The product supports subscriptions with USDT, USDC and USD1. Users receive GUSD at a 1:1 conversion rate. Gate said participants can also collect GUSD treasury yield while joining products such as Launchpool and Pre-IPOs, allowing both sets of returns to run at the same time.
ANTFUN Launchpool now live
Gate’s 367th ANTFUN Launchpool is currently underway. Users can stake USDT, GUSD or ANTFUN to share a reward pool of 3,756,574 ANTFUN.
Gate said total GUSD liquid staking volume is close to $50 million. The GUSD pool is showing a 4.09% APR, and the estimated combined APR rises to 7.89% after adding GUSD subscription yield.
The exchange added that the estimated annualized return for the USDT pool is 5.55%, while the dedicated ANTFUN staking pool has an estimated APR of 87.20%.
Fast redemption feature launched
Gate has also launched a lossless fast redemption function for GUSD. Users who minted GUSD with USDT, USDC or USD1 can redeem within the lossless exit quota for the corresponding asset and receive the original token in real time at a 1:1 rate, with no redemption fee.
Gate said the feature is designed to let users pursue yield while keeping capital allocation flexible.