GUSD Pre-Deposit Vault Opens Final Phase Ahead of Status Network Launch

With the GUSD pre-deposit vault opening on January 21, the final phase of the pre-deposit campaign is now live. This milestone completes the full set of assets that will seed liquidity on Status Network at launch and clarifies how capital efficiency, yield generation, and privacy converge on the gasless Layer 2.

Status Network Aligns Gasless Design With Native Yield

Status Network is built to eliminate gas fees, preserve user privacy, and sustain itself through productive assets and real economic activity rather than sequencing fees. The GUSD vault plays a central role in this architecture by contributing yield-backed liquidity directly into the network’s funding model.

GUSD Provides Yield-Backed Liquidity for a Privacy-First L2

GUSD is a yield-generating meta-stablecoin developed by Generic Protocol and fully backed by USDT, USDC, and USDS. Its canonical supply is issued on Ethereum, with mirrored balances on Status Network and other connected chains under strict accounting and fully transparent onchain controls.

One-Click Deposits Convert Stablecoins Into GUSD

Participation in the GUSD vault does not require holding GUSD beforehand. Users can deposit USDC, USDT, or USDS directly, which are automatically converted into GUSD within a single vault. At mainnet launch, these deposits are represented as GUSD on the Status Network L2, bootstrapping stablecoin liquidity for DeFi, payments, and native applications, with optional unwrapping or exchange later.

Yield Is Generated Through Curated Onchain Strategies

Collateral backing GUSD is held in isolated Morpho vaults and allocated to Prime vault strategies curated and operated by Steakhouse Financial. These strategies prioritize high-quality assets and leverage Morpho’s built-in risk controls, governance mechanisms, and timelocks, with all activity fully observable onchain.

Native Yield Funds the Network Instead of Subsidies

When GUSD is pre-deposited for Status Network, the resulting yield feeds directly into the network’s native funding pool. Alongside ETH staking yield and fees from native applications, it supports liquidity provision, application development, and long-term sustainability. For liquidity providers, this represents exposure to structural yield rather than temporary incentives.

Privacy-First Execution Built on Linea zkEVM

This economic model is paired with a privacy-focused execution environment. Status Network is built on the Linea zkEVM stack and includes a native privacy layer that enables applications to offer private interactions by default. By removing gas fees, the network eliminates a major source of friction and traceability, reducing financial fingerprints and strengthening privacy guarantees for users and applications.

Karma Rewards Early Liquidity Providers

Participants who pre-deposit GUSD earn Karma, Status Network’s soulbound reputation token. Karma provides governance and utility benefits, including access to gas-free throughput and voting power over native yield allocation and other core network parameters.

Additional Incentives Offered Before Mainnet

GUSD pre-depositors are also eligible for liquid rewards in SNT and LINEA, distributed on a pro-rata, epoch-based basis until mainnet launch, along with points from native applications building on the network.

Final Opportunity to Seed Liquidity Before Mainnet

The GUSD pre-deposit vault is now open and will remain available until mainnet launch, currently targeted for the end of Q1 2026. This marks the final opportunity to seed liquidity early and earn rewards and native yield on the first gasless, privacy-focused Layer 2 powered by onchain yield.