According to official news from Odaily Planet Daily, Gate Launchpad will soon launch a new project, Plasma (XPL), supporting users to subscribe with GUSD. The minimum subscription amount is 10 GUSD, and the subscription price is 1 XPL = 0.35 GUSD. The total subscription quota for this Launchpad is 3,000,000 XPL. The subscription period is from 21:30 on September 23, 2025, to 18:00 on September 25 (UTC+8). Subscriptions will be allocated based on the investment ratio and trading level from 00:00 on August 24 to 16:00 on September 25 (UTC+8). Users with high trading volume will receive higher subscription quotas, balancing broad participation and user loyalty. XPL tokens will be uniformly distributed within two hours of the subscription closing, and spot trading will officially open at 21:00 on September 25 (UTC+8). GUSD is an income-generating asset supported by Gate ecosystem revenue, Treasury bond RWA and stablecoins. The current on-chain supply of Gate GUSD has reached 171 million.
