Data: sUSDD TVL surpasses 1 million USD, offering 12% APY savings yield
ChainCatcher News, according to official sources, the total value locked (TVL) of the decentralized stablecoin USDD interest-bearing token sUSDD has surpassed 1 million USD.
sUSDD was officially launched on October 6, providing a decentralized and transparent savings system. Users can convert USDD to sUSDD, and after depositing, they can automatically enjoy an annual percentage yield (APY) of 12% without the need for staking or locking, thus achieving asset appreciation.
According to the official statement, the launch of sUSDD makes crypto asset savings more accessible, safer, and user-friendly, marking a new chapter for DeFi.
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
German business: The threshold for another rate cut in January next year has been raised
German Business: Threshold for Another Interest Rate Cut in January Raised
Commerzbank: The Market Is Not Buying Into a Rate Cut in January Next Year
A whale withdrew $84.39 million worth of crypto assets from an exchange.
Trending news
MoreCrypto prices
More
