Gate GUSD Composite APR Reaches 6.38%, Launchpool 365th Event Shares 15 XAUT Airdrop

Odaily Odaily reports that according to official sources, Gate Launchpool is launching its 365th GUSD dual-pool event from July 9, 20:00 to July 16, 20:00 (UTC+8). During the event, users staking GUSD can share a 15 XAUT airdrop. The annualized yield for holding Gate GUSD is 3.8%, and when combined with Launchpool mining rewards, the composite APR can reach up to 6.38%.

GUSD is a high-quality yield-bearing asset launched by Gate, backed by Treasury Bill RWAs (Real World Assets) and stablecoins. It supports users minting with USDT, USDC, or USD1 at a 1:1 ratio, and holders earn daily rewards. Additionally, Gate is offering a limited-time reward for new on-chain earn users minting GUSD, with an APR of up to 100%. When combined with new user rewards from Launchpool, the composite APR can reach up to 132.2%.