PANews reported on September 23rd that Gate Launchpad will soon launch a new project, Plasma (XPL), which will be available for subscription with GUSD. The minimum purchase 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, 2025 (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). High-volume users will receive higher subscription quotas, balancing broad participation and user loyalty. XPL tokens will be distributed uniformly within two hours of the subscription closing, and spot trading will officially begin at 21:00 on September 25 (UTC+8).

Gemini Dollar (GUSD) is a high-quality, yield-generating asset backed by Gate ecosystem revenue, Treasury RWAs, and stablecoins. The product supports trading and staking, and users receive a daily annualized yield, aiming to provide users with a relatively stable return. Currently, the on-chain supply of Gate Gemini Dollar (GUSD) has reached 171 million. Users holding GUSD in spot trading, wealth management accounts, and Launchpool products can simultaneously enjoy a 4.4% annualized minting yield, achieving dual interest returns.