Saturn, a DeFi yield protocol, has launched its mainnet following a successful private testing phase that saw $10 million in deposits from companies including Flowdesk and Galaxy. The protocol's stablecoin, USDat, is built on the M0 framework, with operational support from Galaxy, Securitize, and Clear Street.
Earlier this year, Saturn secured $800,000 in funding from YZi Labs, Sora Ventures, and other crypto investors, marking a significant milestone in its development. The launch aims to enhance DeFi yield opportunities with its innovative stablecoin and strategic partnerships.
DeFi Yield Protocol Saturn Launches Mainnet with $10M in Deposits
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
