GUSD lossless fast redemption will go live on Gate on July 17. Enjoy a 3.8% minting earnings while also achieving 1:1 lossless redemption of the original coin.

Gate News: Per an official Gate announcement dated July 17, 2026, the on-chain earn product GUSD’s lossless fast redemption feature will be officially launched on July 17, 2026 at 14:00 (UTC+8).

After the feature goes live, when users redeem GUSD, they can enjoy real-time settlement, 1:1 lossless redemption of the original coin, and—while earning 3.8% GUSD minting returns—withdraw whenever they deposit.

GUSD is Gate’s flexible term, principal-protected earn product. Users can mint using USDT, USDC, or USD1, receiving GUSD at a 1:1 exchange rate. Users earn an annualized return every day. The lossless redemption limit is dynamically calculated based on the user’s historical minting and redemption records of the original coin. Redeeming within the corresponding coin’s lossless exit quota can waive redemption trading fees.

Redeemed assets will be automatically returned to the user’s Spot Account or Unified Account. The fast redemption feature has a daily total quota limit. Once the quota is exhausted, it resets the next day. Standard redemption and fast redemption share the same lossless redemption quota.