Democratizing DeFi Yields: Gate’s XPL Launch Drives Dual-Income Model

Gate Launchpad has announced the launch of Plasma (XPL), a new project set to debut on its platform with a subscription process supported by GUSD, a yield-generating stablecoin. The initiative aims to create dual yield opportunities for participants, combining token allocation with the potential for passive income from GUSD holdings. The subscription period for XPL opens on September 23, 2025, at 21:30 UTC+8 and closes on September 25, 2025, at 18:00 UTC+8. Users can subscribe with a minimum of 10 GUSD, with the token priced at 1 XPL = 0.35 GUSD. The total subscription quota for this launch is 3,000,000 XPL, allocated based on users’ trading activity and investment ratios during the specified period .

The subscription mechanism prioritizes high-volume traders, offering them larger allocation quotas to balance broad participation with incentives for loyal users . XPL tokens will be distributed within two hours of the subscription closing, with spot trading commencing at 21:00 UTC+8 on September 25 . This model aligns with Gate’s broader strategy to integrate yield-generating assets into its ecosystem, leveraging GUSD’s unique features. GUSD is backed by Gate’s ecosystem revenue, U.S. Treasury bonds, and stablecoin collateral, providing a 4.4% annualized yield for holders . By enabling users to commit GUSD for XPL subscriptions, Gate is creating a dual-income stream: potential gains from XPL price appreciation and ongoing interest from GUSD holdings.

The launch of Plasma (XPL) underscores Gate’s role in fostering innovation within the decentralized finance (DeFi) space. XPL, a blockchain project focused on privacy and scalability, is positioned to address gaps in the current DeFi landscape by offering advanced transaction capabilities and cross-chain interoperability . Gate’s decision to support XPL reflects its commitment to curating projects with strong technical foundations and clear use cases. The platform’s emphasis on user-centric incentives, such as tiered allocation and yield generation, aligns with broader industry trends toward democratizing access to high-potential tokens .

GUSD’s integration into the subscription process further highlights Gate’s ecosystem strategy. With a current on-chain supply of 171 million GUSD, the stablecoin’s utility extends beyond its role in XPL subscriptions. Users can hold GUSD in spot accounts, lending accounts, or Launchpool products to simultaneously earn the 4.4% annualized yield . This dual-yield model—combining active trading incentives with passive income—resonates with both retail and institutional investors seeking to optimize returns in a volatile market. Gate’s approach mirrors the growing demand for hybrid financial instruments that blend DeFi’s innovation with traditional asset management principles .

The Plasma (XPL) launch also aligns with broader macroeconomic trends shaping the crypto market in late 2025. As central banks, including the U.S. Federal Reserve, implement rate cuts, liquidity is increasingly flowing into risk assets. Gate’s dual-yield structure positions users to capitalize on this environment by offering exposure to emerging tokens while maintaining income from stablecoin holdings. This strategy contrasts with traditional venture capital models, which often prioritize exclusive access for accredited investors. By democratizing participation, Gate is fostering a more inclusive DeFi ecosystem .