The decentralized USDD has launched its yield-bearing token, sUSDD, on Pendle's Ethereum-based 91-day fixed-income market. The launch, which began on May 28 at 8:00 AM Singapore Time, is part of USDD's strategy to enhance DeFi yield and capital efficiency. Participants can lock in fixed rates, trade yield rights, or provide liquidity.
During the event, YT users can share over $300,000 in incentives, along with an additional 30% exclusive reward from Pendle's official program. There is also a chance to receive random TRX airdrops. The USDD team aims to explore diversified yield opportunities and integrate USDD further into mainstream DeFi ecosystems.
sUSDD Debuts on Pendle's Ethereum Fixed Yield Market with Incentives
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