Stablecoin yield project Osero has officially launched Osero App and opened it to all users. According to its website, the app is currently offering an annual percentage yield of 3.52%. Supported assets include USDC.e, USDe, AUSD, GHO, PYUSD, RLUSD, USDD, USDG, USDtb, and frxUSD. Osero says the yield comes from sUSDS and the savings rate mechanism within the Sky Ecosystem. Earlier reporting from Foresight News said Osero was incubated by Stablewatch and raised $13.5 million in May this year, with Sky Ecosystem and Plasma co-leading the round. The launch marks the public rollout of the app after that financing update.
Stablecoin yield project Osero said Osero App has officially gone live and is now open to all users.
According to its website, the app is currently showing an APY of 3.52%. It supports USDC.e, USDe, AUSD, GHO, PYUSD, RLUSD, USDD, USDG, USDtb, and frxUSD.
Osero said the yield is sourced from sUSDS and the savings rate mechanism of the Sky Ecosystem.
Foresight News previously reported that Osero was incubated by Stablewatch and completed a $13.5 million funding round in May this year, co-led by Sky Ecosystem and Plasma.
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