I just tried the newly launched GUSD, which is quite friendly for people like us who want to earn some interest steadily.

I always felt it was a pity to leave the USDT I had before, I didn’t dare to touch high-risk options, and low-yield ones lacked motivation. Last week I saw that I could mint GUSD, which is 1:1 convertible with USDT/USDC and is also linked to US Treasury bonds, so I tried a small amount. The process is very simple, just a few clicks on the "Earn Coins on the Chain" page and it’s done, and I started earning returns that day. Now the annualized rate is 4.4%, and the daily earnings automatically go into my account, and the compounding is quite hassle-free.

Yesterday, the spot market and the Yubi Bao also opened. I transferred some to Yubi Bao. The current account can still be used without delaying interest accumulation. The customer service said that as long as you have minted at least one transaction (even 1 USD), whether it is bought or transferred GUSD, there will be interest. This is quite considerate.

The most anticipated event is today's Launchpool in the evening, where staking GUSD can earn CELB, with an estimated annualized return of 365%. I've already set an alarm; even if I just make a little bit, it's worth it, after all, the principal is stable.

After all, it has been operating for 12 years, and it even claims to provide proof of reserves, which is more reassuring than smaller platforms. If you also have idle stablecoins and want to earn a steady return, you might give it a try. However, when it comes to investing, it's still advisable to start with a small amount to test the waters; being cautious is better～

Announcement link:

Launcpool activity link:

minting link:

#GUSD RWA #DeFi GUSD on Gate