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USDD and Pendle Kick Off Second Phase of sUSDD Incentive Campaign
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News EditorAccording to ChainCatcher, on August 27, USDD, a decentralized stablecoin, announced that the first phase of its sUSDD market incentive campaign in partnership with Pendle has ended, and a second phase is now underway. During the first phase, USDD provided over $300,000 in reward subsidies. The Pendle sUSDD market reached a peak total value locked (TVL) of nearly $40 million, while the fixed yield on PT tokens stayed above 7% throughout. The second phase will offer a total reward value of $600,000, running from August 27 to November 26, 2026, for 91 days. Participants can continue from their first-phase positions without disruption. The initiative reflects the ongoing collaboration between USDD and Pendle to maintain liquidity incentives in the sUSDD market.
Decentralized stablecoin USDD has closed the first phase of its sUSDD incentive program with Pendle and launched a second round, according to a ChainCatcher report dated August 27.
During phase one, USDD contributed more than $300,000 in reward subsidies. The Pendle sUSDD market saw its total value locked peak near $40 million, and the fixed yield on PT tokens held above 7% for the duration.
Phase two carries a total reward pool of $600,000 and spans 91 days, from August 27 to November 26, 2026. Users who built up positions in the first phase are able to carry them forward, so participation remains seamless.
The partnership between USDD and Pendle remains focused on maintaining liquidity incentives in the sUSDD market.
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