#DoubleRewardsWithGUSD $GUSD is a yield-bearing stablecoin product on Gate, backed by real-world assets like U.S. Treasury bonds and stablecoins. You can mint it by converting USDT or USDC at a 1:1 ratio inside the Gate platform. Once you hold GUSD, it starts earning a reference annual yield around 4.4% APR, distributed daily to your spot account.

Quick steps to mint:
1. Deposit USDT or USDC into your Gate account.
2. Go to the “On-chain Earn Coin” or equivalent minting page.
3. Convert your USDT/USDC into GUSD at 1:1.
4. Your GUSD will begin earning the 4.4% APR automatically.
GUSD stays tradable and can be redeemed back to USDT/USDC at 1:1, usually with flexible options available.
2. Gate Launchpool basics
Launchpool is Gate’s quick staking arena where you lock certain tokens (like GUSD or others) in order to earn new token rewards. You don’t lose your principal, and you can usually unstake anytime during the event. Rewards are distributed hourly or daily during the staking period.
3. The current pools you’re talking about ($U, $BOT, $SWTCH)
Launchpool events change frequently, but the recent Gate Launchpool interface shows ongoing and recent pools where GUSD stakers earn rewards in different project tokens. For example:
• SWTCH GUSD Pool – rewards in $SWTCH with variable APR (shown often high because new token airdrops count toward APR).
• BOT GUSD Pool – rewards in $BOT; some periods show high APR figures because the calculation is based on airdrop rewards relative to the staked amount.
• Other GUSD Pools – depending on the phase, rewards can appear under different names or new projects.
How the APR numbers work:
The “up to 441% APR” you see published is usually a short-term snapshot based on the airdrop rewards and how much is staked. These APR figures are not guaranteed long-term returns and can move quickly as more people stake or the event ends. Gate displays an estimate based on the current reward and stake levels.
4. How to participate in Launchpool step-by-step
1. Login to your Gate account and make sure KYC is done.
2. Go to the Launchpool section.
3. Choose the event you want – like the one tied to $U, $BOT, or $SWTCH.
4. Stake your GUSD into that specific pool.
5. Rewards are credited over time directly to your spot wallet (often every hour).
6. When the event ends or if you want out early, just unstake and your GUSD principal returns.
5. What you earn overall
• Mint yield: steady ~4.4% APR from holding GUSD.
• Launchpool rewards: additional tokens on top if you stake your GUSD in these pools during the live event. The APR might look huge like 200-400% or more, but that’s mostly from the token rewards counted against your staked amount for a short period.
6. Things to know before you join
• Launchpool APRs are temporary and event-based, not guaranteed long-term yields. Higher APR usually means short event periods with big token rewards.
• Rewards are in project tokens, not always instantly liquid or stable.
• Your GUSD principal stays safe, but the value of reward tokens can fluctuate.