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GTETH Redemption Mechanism Explained
GTETH, a product that represents users' staking shares and accumulated yield, operates differently from native ETH staking exits. GTETH redemptions are handled at the product layer, supported by Gate's reserve coverage, liquidity management, and settlement structure. This mechanism separates redemption from individual validator exits, with Gate maintaining ETH reserves to support redemption settlement. The Ethereum exit queue still exists, but Gate's liquidity management absorbs the waiting period instead of passing it directly to users.