GUSD

Overview

GUSD is a yield-bearing token from the Gate ecosystem, structured as a principal-protected product that distributes rewards on a daily basis. Users stake USDT or USDC to mint GUSD, which functions as a certificate representing the value of the deposited position. Holding GUSD does not confer ownership of the underlying assets themselves.

Its returns are sourced from Gate ecosystem revenue, tokenized treasuries and other real-world assets (RWA), and stablecoin-backed yield assets, with the APR adjusted dynamically according to those revenue streams. Upon redemption, GUSD is converted back to USDT or USDC at a 1:1 ratio, subject to redemption fees. GUSD is also tradable and can be used as collateral.