USDD launches yield enhancement program: JustLend DAO and HTX 11th staking APY increased to up to 10%.

AI Summary2 min read

TL;DR

USDD has launched a yield enhancement program, increasing staking APY to up to 10% on JustLend DAO and HTX. The program uses a tiered structure based on supply, offering higher yields for lower deposits to ensure stable returns.

Tags

USDDStablecoinAlgorithmic Stablecoinyield enhancementstaking APYJustLend DAOHTX
According to Mars Finance, on November 18th, the official USDD decentralized stablecoin announced the launch of its latest USDD yield enhancement campaign, raising the annualized yield (APY) of the 11th staking campaign on the JustLend DAO and HTX platforms to a maximum of 10%, aiming to bring users stronger and more attractive stable returns during the current market volatility.

This yield boosting event will seamlessly transition from the "Double Yield Week" to 20:00 (SGT) on November 18th, ensuring users can enjoy higher returns throughout the entire 11th staking cycle. During the event, eligible users who deposit or stake USDD on the platform will receive corresponding rewards based on the previous day's TVL (Net Deposit) data.

USDD has officially announced a new tiered yield structure: based on the USDD supply on JustLend DAO, the yield is divided into three tiers. Specifically, when the supply is between 0 and 400 million USDD, users can enjoy a 10% APY; when the supply is between 400 million and 500 million USDD, the APY is adjusted to 8%; and if the supply exceeds 500 million USDD, the APY is 6%.

This yield enhancement program aims to provide users with a continuous, stable, and competitive yield experience, further consolidating USDD's leading position in the stablecoin ecosystem.

Visit Website