Svmuu News On March 11th, the decentralized stablecoin USDD announced the launch of a new borrowing incentive campaign on the decentralized lending protocol Morpho, with a total prize pool of 80,000 USDD, covering both the sUSDD/USDC and sUSDD/USDT markets. The campaign will last for 30 days, starting from 8:00 (UTC+8) on March 11, 2026.
The specific incentive allocation is as follows: USDC borrowers will receive a reward of 30,000 USDD, with an APY cap of 2%; USDT borrowers will receive a reward of 50,000 USDD, with an APY cap of 1%. Users can borrow the corresponding assets in the designated Morpho markets and obtain additional subsidy rewards through the Merkl platform. The USDD team stated that this initiative aims to enhance the liquidity depth and borrowing activity in sUSDD-related markets, creating short-term enhanced yield opportunities for stablecoin holders.
USDD Launches 80,000 USDD Dual-Market Borrowing Incentive Campaign on Morpho
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Can a Police Report Be Filed After Bitcoin Theft? Analysis of Individual Recovery Possibilities
-
2
DANA Coin: Ardana Project Token with Halted Development, Current Status and Investment Value Analysis
-
3
Ethereum (ETH) Buying Guide: Mainstream Exchanges and Acquisition Methods Explained
-
4
SHANG Token: Shanghai Inu Analysis and Future Development Outlook
-
5
CRI (Crypto International) Project Analysis and Market Status
-
6
US DOJ charges two Robinhood engineers with front-running crypto listings on Hyperliquid, allegedly profiting over $50,000 each
-
7
THALES Token: The Governance Token of Thales Protocol and Its Market Status
-
8
CINEMA Token Analysis: An Overview of Absolute Cinema and CinemaKoin Projects and Investment Considerations
-
9
Major Cryptocurrency Trading Platforms: An Overview of Apple App and PC Clients
-
10
SK hynix in talks with Intel over potential US memory production agreement
Markets Today
Recommended Reading










