USDD said on July 23 that it has increased incentives for the sUSDD market on Pendle by adding TRX-exclusive rewards and raising the base USDD reward. The extra package includes 22,000 USDD and 13,000 TRX, along with Pendle market incentives valued at roughly 30% of the USDD and TRX reward pool. The campaign starts immediately and will run until 08:00 Singapore time on July 30. USDD said users can use the current liquidity conditions in the Morpho PT-sUSDD/USDT pool and relatively low borrowing costs to improve capital efficiency through a looping strategy. The project also said the new round of incentives could push yields on the sUSDD YT side to new highs, and suggested users move during the current window to lock in returns through Morpho.
USDD, the decentralized stablecoin, said on July 23 that it has added TRX-exclusive incentives to the sUSDD market on Pendle and also increased the base USDD reward.
The added incentive package includes 22,000 USDD and 13,000 TRX, together with Pendle market rewards worth about 30% of the value of the USDD and TRX incentives. The campaign is live immediately and will run until 08:00 Singapore time on July 30.
Reward campaign expanded on Pendle
According to USDD, users can make use of the current Morpho PT-sUSDD/USDT pool, which it said has solid liquidity and relatively low borrowing costs, to improve capital efficiency and maximize returns.
USDD also said that with this new round of incentives entering the market, yields on the sUSDD YT side could reach a new high. It urged users to use the current window to lock in higher-yield opportunities through a looping strategy on Morpho.
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