Gate upgrades GUSD product with 3.8% yield, Launchpool APR reaches 8.21%

Gate said it has fully upgraded its GUSD product, offering holders a 3.8% annualized yield with flexible deposits and withdrawals. Users can redeem on a 1:1 basis in the original subscribed token without loss and with no redemption fee. At the same time, Gate Launchpool has opened an SPCX GUSD staking pool, where total staked liquidity has exceeded 80 million GUSD. The pool currently offers a 4.41% APR (annual percentage rate), which combined with the GUSD product’s 3.8% base annualized yield brings the maximum total annualized return to 8.21%.

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