GUSD is a current guaranteed financial product, with income derived from Gate ecosystem income, Treasury bond RWA and high-quality income assets supported by stablecoins. The product supports transactions and collateral, and users can obtain annualized returns every day, aiming to provide users with relatively stable returns. GUSD is actually a certificate of income obtained by users after minting using USDT/USDC. It is a tokenized real-world asset or on-chain asset, but does not represent the user's direct ownership of any real-world asset. During redemption, GUSD will be exchanged for USDT/USDC in a ratio of 1:1 (redeem is subject to deduction for related redemption fees). The annualized yield will be dynamically adjusted based on the income of Gate ecosystem, Treasury RWA and stablecoin-related assets, and will refer to the income level of real-world assets (such as tokenized US bonds).