PANews reported on September 19th that Gate Launchpool will officially launch its DL staking mining program at 20:00 (UTC+8) on September 19th. The GUSD mining pool has an estimated annualized yield of 310.25%. Additionally, three other GUSD mining pools are currently operating simultaneously on Gate Launchpool: the PORTALS pool currently offers a yield of 16.12%, the AVNT pool at 15.53%, and the BOT pool at 15.36%.
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 144 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.
