Saturn2026-09-22 06:47:20Saturn to upgrade sUSDat to V2 and move STRC reserves to Ondo STRConSaturn Foundation said it is upgrading sUSDat to V2 and moving STRC reserves to Ondo’s STRCon, with reserves publicly verifiable on-chain. The foundation said users will not need to migrate or swap their sUSDat during the process. The rollout follows a dated schedule: on Sept. 25, Saturn will propose the upgrade and slow redemptions; on Sept. 28, it will begin transferring STRC and pause redemptions; on Sept. 30, it will execute V2 and propose the migration; on Oct. 2, it plans to execute the migration; and on Oct. 5, redemptions are expected to resume. Saturn also outlined time-based fees. From 9:00 a.m. to 4:30 p.m. Eastern Time, the system will run in normal mode with 0% minting fees and 0.1% redemption fees. Outside those hours, it will switch to boosted mode, with minting fees at 0.25% and redemption fees at 0.5%. Saturn added that the sUSDat vault will launch in boosted mode first, then return to normal mode after the migration is completed. All minting and redemption fees will be returned to the vault.440
Saturn2026-09-20 15:27:01Saturn study says leading AI models get personal finance answers wrong 57% of the timeA study released by UK fintech company Saturn found that leading AI models produced incorrect answers to personal finance questions 57% of the time. The research tested 18 free and paid models, including ChatGPT, Gemini, Claude, and Copilot, using 121 questions and generating more than 10,000 responses. According to the report, the errors ranged from factual mistakes to missing key information and failing to include necessary warnings. The error rate climbed to 88% on harder multi-step questions, while free models performed worst with a 63% error rate. Saturn said the best-performing model, Claude Opus 5, still posted a 39% error rate in reasoning mode. Its mistakes included calculation errors, overlooking tax changes, and citing rules that do not exist. Saturn CEO Amal Jolly said millions of people rely on AI for financial guidance, but wrong answers can lead to financial losses. At the same time, trust in AI tools continues to rise. An EY global survey found that 49% of consumers had used AI to help with saving and investment decisions. A report from the UK Financial Conduct Authority said four in five first-time investors had used AI tools, and 56% said they trusted AI, above the 47% recorded for television and radio.410
Saturn2026-08-04 03:38:47Saturn to offer double points on Monad Pendle markets from Aug. 4 to 13Saturn Foundation said it will offer double points from Aug. 4 through Aug. 13 for the USDat and sUSDat Pendle markets on Monad, both maturing on Jan. 14, 2027. The program applies specifically to those two markets. Under the allocation schedule released by Saturn, double points earned on or before Aug. 8 will count toward Gravity Points Season 1, while double points generated starting Aug. 9 will be credited to Orbital Points Season 2. The update was announced by the foundation in a post on X.2570
Strategy2026-07-30 02:04:07Strategy’s Falling Stretch Preferred Shares Put Apyx and Saturn’s DeFi Dollar Products Under PressureStrategy’s Stretch preferred shares, listed under the ticker STRC, have become a pressure point for two DeFi protocols that built yield products around the security. According to Forbes, Apyx and Saturn together manage nearly $490 million, with Artemis analyst Zheng Jie Lim estimating that about $267 million was directly exposed to Stretch as of July 21. The damage has already shown up in token pricing: Apyx’s synthetic dollar apxUSD briefly fell below $0.80 in late June before recovering to around $0.90 on Kraken and Curve, while Saturn’s yield-bearing sUSDat was worth roughly $0.90 USDat. The structure of both protocols relies heavily on Stretch as reserve collateral, leaving them vulnerable to further declines in the preferred stock. Market participants cited in the report said leverage loops on Morpho and yield-splitting on Pendle can magnify the stress, though some argued the products are not yet large enough to trigger a broader crypto contagion. The report also said Strategy has started selling Bitcoin and raising equity to shore up liquidity while Michael Saylor’s company revises the way it presents its mNAV metric.2240
Saturn2026-07-29 14:17:31Saturn to launch a second maturity market on Pendle after deposits on Monad top $100 millionSaturn Foundation said deposits in its Pendle market have surpassed $100 million and that it is now rolling out a second maturity market, with the first deployment on Monad. The foundation also set a cutoff for its points program: points accumulated before Aug. 9 will count toward Season 1, while points earned after that date will be counted in Season 2, which runs through Jan. 14, 2027. Saturn said the verified Pendle markets currently include USDat and sUSDat. Earlier reporting from Foresight News said Saturn’s USDat Pendle market went live on Monad on July 17. That market lets users access fixed and floating yields backed by positions in short-term U.S. Treasuries, and its first maturity date is Aug. 26, 2026.3220
Saturn2026-07-23 22:45:15Saturn Tops $220M in Deposits, Integrates Chainlink CCIP for Multi-Chain STRc DistributionSaturn selects Chainlink CCIP as its interoperability layer. Deposits of USDat and sUSDat exceed $220 million in six weeks; STRc outstanding surpasses $8.5 billion.680
Saturn2026-07-17 03:17:46Saturn launches USDat Pendle market on Monad with fixed and floating ratesSaturn Foundation said its USDat Pendle market is now live on Monad, adding a new venue for users to access yield options tied to the protocol’s Treasury bill-backed positions. According to the project’s statement, users can choose between fixed and floating rates through the newly launched market. The team also said an STRC collateral strategy will be introduced on Monad soon. Saturn added that the first maturity date for the product is set for Aug. 26, 2026. The update was disclosed in a post published by the protocol’s foundation.1440
