#GUSDYieldRisesto3.8%

The GUSD Upgrade Unlocks New Ways to Earn GUSD has received another significant upgrade to make it even simpler to use. From today, anyone can now mint GUSD with USD1 at a 1:1 ratio – making for a more streamlined process to onboard into the ecosystem with a store-of-value. One of the main benefits of GUSD is the yield offered.

Our stablecoin is backed by U.S Treasury RWAs, and the yield from the Treasuries-backed assets, in addition to the Gate Ecosystem generated revenues allows it to yield to token holders, a daily of 3.8% annualized and are distributed passively every day - no claiming needed.

These are, however, only the beginning of GUSD’s earning potential. It’s also available to use within our Launchpool, Pre-IPOs and other wealth management features within our ecosystem! In this case, alongside earning the daily yield as a stablecoin, users may stand to earn additional rewards. For investors seeking exposure to stablecoins alongside passive income – this makes GUSD a useful digital asset instead of just holding a typical stablecoin as part of a digital wallet and leaving idle.

As always, if looking to earn rewards from a yield-bearing product, one should always read and understand where the yield comes from and review the terms.

Do you prefer holding and yielding from a stablecoin like GUSD, or would you hold a standard stablecoin and earn nothing?

‍#PassiveIncome #Stablecoin