Why On-Chain Yield Products Are Regaining Attention
Since 2026, the structure of capital in the crypto market has been shifting noticeably. On one hand, BTC and trending sectors like AI and RWA continue to attract trading funds. On the other, as market volatility increases, more users are seeking low-volatility, sustainable yield products.
Especially with US Treasury yields remaining high and capital flowing back into DeFi, asset management products that balance liquidity and yield efficiency are once again in the spotlight.
Against this backdrop, Gate’s GUSD Minting campaign continues to evolve. The 15th round is open to new on-chain earn users, offering a reference annualized yield of up to 100%. It also supports combined returns from Launchpool, Pre-IPOs, and other scenarios, making it one of the most popular products in the platform’s wealth management section recently.
Unlike traditional single lock-up products, GUSD puts greater emphasis on "asset utilization efficiency." After minting, users don’t just earn a single yield—they can continue participating in other platform activities and products, enabling capital reuse.
Key Features of GUSD Minting Round 15
This round runs from May 14, 2026, 08:00 UTC to May 20, 2026, 08:00 UTC.
Eligible new users can mint GUSD using USDT or USDC and receive corresponding rewards.
The main highlights of this round include:
- Low entry threshold. Users can mint GUSD at a 1:1 ratio with USDT or USDC, with no complex on-chain operations required.
- Flexible yield structure. Beyond the base reference annualized rate, there’s an additional platform reward mechanism, so the total yield is significantly higher than standard flexible products.
- Assets can participate in other platform activities. For example, after holding GUSD, users can join Launchpool, Pre-IPOs, and other products, earning both the original yield and ongoing GUSD minting rewards.
- Relatively flexible liquidity. Users can choose between quick redemption and standard redemption, with different settlement times.
Compared to the traditional "lock-up equals freeze" model, this design aligns more closely with the current trend of "multi-scenario asset utilization."
Why Is Capital Efficiency Becoming a Focus in Today’s Market?
In past years, yield products in the crypto market mostly relied on single staking models. But as the market matures, users are demanding greater capital efficiency.
Especially since 2026, several trends have emerged:
- The AI sector remains active, with many new projects distributing early tokens via Launchpool and Pre-IPOs.
- RWA-related yield models are gaining traction, with more platforms integrating on-chain yields with real-world asset logic.
- Users are increasingly focused on liquidity and reluctant to lock up funds long-term.
- Institutional capital prefers low-volatility yield products over high-risk speculation.
In this context, products supporting "stacked yields" have become a key focus for platforms.
One of GUSD’s core concepts is allowing users to keep participating in other products while holding assets, rather than waiting for a single yield settlement.
For many users, this means assets are no longer just "stored"—they’re actively circulating.
How Does GUSD’s Yield Mechanism Work?
Structurally, GUSD’s yield comes from several components:
- Base yield. This is linked to platform ecosystem income, on-chain asset returns, and related asset allocations. The yield rate adjusts dynamically with market conditions.
- Extra platform rewards. The high reference annualized yield in this campaign includes periodic platform reward mechanisms, typically distributed in GT.
If users use GUSD for Launchpool, Pre-IPOs, and other products, they may earn additional project yields.
Thus, GUSD isn’t simply a "deposit to earn" product—it acts more like a yield transfer asset within the platform. This is why more platforms are launching "yield certificate" assets in recent years.
Compared to traditional single wealth products, these assets offer:
- Capital recycling;
- Diversified yield sources;
- Platform ecosystem synergy;
- Higher asset retention rates.
How Does GUSD Differ from Traditional Flexible Wealth Products?
Many users compare GUSD to standard flexible wealth products, but there are clear differences.
Traditional flexible products typically have a single source of yield. After users deposit funds, they earn fixed or floating returns, but the asset itself can rarely participate in other scenarios. GUSD, however, emphasizes asset "composability."
Simply put, traditional flexible wealth is like a "deposit"; GUSD is more like a "yield certificate that can be reused." This means users can earn yields while continuing to join other platform activities.
In terms of capital flexibility, GUSD also offers quick redemption. For users seeking both liquidity and returns, this model is particularly appealing.
Especially with ongoing market volatility, more users are opting to:
- Retain liquidity;
- Reduce long-term lock-up risk;
- Boost capital efficiency;
- Maintain steady yield potential.
This is one of the main reasons GUSD-type products continue to launch new rounds.
Why Are Platform Wealth Products Increasingly Focused on Ecosystem Synergy?
Since 2026, a clear trend has emerged: platform wealth products are no longer standalone—they’re increasingly linked with Launchpool, Pre-IPOs, AI Agent, RWA, and other sectors.
The reason is simple.
Single-yield products are losing their long-term appeal.
In contrast, multi-scenario synergy models can:
- Improve user asset utilization;
- Enhance platform capital retention;
- Expand internal ecosystem liquidity;
- Deepen user engagement.
Gate’s recent activity direction reflects this shift. Whether it’s GUSD minting, USDT on-chain earn, or Pre-IPOs campaigns, the core logic is moving toward "ecosystem collaboration."
- For platforms, this helps build a complete capital cycle.
- For users, it means a single asset can unlock more participation opportunities.
How to Join the Current GUSD Minting Campaign
Users can access the campaign via Gate Web or App: [Wealth] → [GUSD Minting]
Then, simply use USDT or USDC to mint GUSD. Note that the high reference annualized rewards are mainly open to eligible new users.
Additionally, campaign rewards, extra yields, and actual reference annualized rates may adjust dynamically with market conditions. Please refer to real-time data on the campaign page for specifics.
Conclusion
As the on-chain yield market matures, user demand for wealth products is shifting from "single yield" to "multi-scenario capital utilization." The core appeal of GUSD Minting Round 15 isn’t just its high reference annualized yield—it’s the underlying logic of asset reuse.
In today’s market, where AI, Pre-IPOs, and Launchpool remain highly active, products that balance liquidity, yield, and ecosystem participation are attracting more attention.
For users aiming to maximize capital efficiency while maintaining operational flexibility, these products are likely to play an increasingly important role in the future market.
