Paxos Announces USDH Proposal V2, PayPal and Venmo Join the Ecosystem
According to ChainCatcher, Paxos stated that the USDH Proposal V2 has received ecosystem integration support from PayPal and Venmo, along with a $20 million incentive; the initial AF incentive ratio is 20%, which will increase as TVL grows; Paxos' revenue will begin after USDH TVL exceeds $1 billion, with a revenue cap of 5%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
10x Research: Bitcoin declines due to forced liquidations and stalled progress in crypto legislation
Wang Chun: Once transferred 500 BTC to verify if the private key was compromised, hacker moved 490 BTC out.
Dfinity executive: Blockchain + no-code tools are challenging AWS cloud computing dominance
