PANews reported on September 5th that the Gate Chain's on-chain currency, GUSD, has officially upgraded its minting and distribution mechanism. Effective immediately, in addition to Yubibao, users holding GUSD in spot trading, wealth management accounts, and Launchpool products will enjoy a 4.4% annualized minting yield. Users who invest GUSD in other wealth management products will also receive income from those products, achieving a dual interest return. GUSD acquired through various channels, including spot trading, deposits, and collateralized borrowing, will automatically participate in daily profit distributions, providing more flexible and convenient income generation.
At the same time, Gate Launchpool's two major GUSD mining pools are operating simultaneously: the U mining pool currently has an annualized yield of 23.12%, and the BOT mining pool currently has an annualized yield of 13.67%. The combined estimated annualized yield is currently at a maximum of 31.13%.