BPOI Banner
Search CoinDesk Search CoinDesk

Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin

The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month to incentivize traders that swap into USDS and deploy it, said Rooter, the pseudonymous leader of borrow and lend protocol Save, which is handing out 400,000 worth of USDS a month to suppliers of the new stablecoin.

Source link

Danny Nelson

https://www.coindesk.com/business/2024/11/20/juiced-usds-yields-woo-solana-traders-to-skys-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-11-20 16:00:30

bitcoin
Bitcoin (BTC) $ 97,914.23 0.86%
ethereum
Ethereum (ETH) $ 3,416.31 2.03%
tether
Tether (USDT) $ 1.00 0.01%
solana
Solana (SOL) $ 256.78 0.16%
bnb
BNB (BNB) $ 656.39 3.16%
xrp
XRP (XRP) $ 1.45 9.05%
dogecoin
Dogecoin (DOGE) $ 0.435984 6.57%
usd-coin
USDC (USDC) $ 0.999901 0.01%
cardano
Cardano (ADA) $ 1.06 4.15%
staked-ether
Lido Staked Ether (STETH) $ 3,414.05 2.11%
tron
TRON (TRX) $ 0.213953 3.85%
avalanche-2
Avalanche (AVAX) $ 42.43 1.05%
the-open-network
Toncoin (TON) $ 6.43 17.08%
shiba-inu
Shiba Inu (SHIB) $ 0.000026 4.11%
stellar
Stellar (XLM) $ 0.496362 26.45%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,039.91 1.96%
polkadot
Polkadot (DOT) $ 9.98 45.82%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,571.14 0.80%
chainlink
Chainlink (LINK) $ 18.15 9.05%
bitcoin-cash
Bitcoin Cash (BCH) $ 512.64 3.57%
weth
WETH (WETH) $ 3,414.71 2.25%
sui
Sui (SUI) $ 3.46 2.07%
pepe
Pepe (PEPE) $ 0.000021 0.21%
leo-token
LEO Token (LEO) $ 8.61 0.84%
near
NEAR Protocol (NEAR) $ 6.44 5.67%
litecoin
Litecoin (LTC) $ 100.24 7.15%
aptos
Aptos (APT) $ 12.98 4.76%
uniswap
Uniswap (UNI) $ 10.90 10.22%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,598.08 2.54%
hedera-hashgraph
Hedera (HBAR) $ 0.153111 0.32%
internet-computer
Internet Computer (ICP) $ 11.71 2.04%
crypto-com-chain
Cronos (CRO) $ 0.201566 8.03%
usds
USDS (USDS) $ 0.997169 0.90%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.590919 14.77%
ethereum-classic
Ethereum Classic (ETC) $ 29.91 2.75%
render-token
Render (RENDER) $ 7.85 3.34%
bittensor
Bittensor (TAO) $ 533.53 3.36%
kaspa
Kaspa (KAS) $ 0.15585 1.85%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.46 12.47%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.07%
arbitrum
Arbitrum (ARB) $ 0.884229 7.41%
bonk
Bonk (BONK) $ 0.000048 2.01%
whitebit
WhiteBIT Coin (WBT) $ 24.75 0.41%
vechain
VeChain (VET) $ 0.043368 17.66%
dai
Dai (DAI) $ 0.999406 0.03%
cosmos
Cosmos Hub (ATOM) $ 8.77 14.20%
dogwifcoin
dogwifhat (WIF) $ 3.33 3.67%
filecoin
Filecoin (FIL) $ 5.54 12.64%
mantra-dao
MANTRA (OM) $ 3.68 4.97%
blockstack
Stacks (STX) $ 2.09 3.56%