CoinVoice has recently learned that according to official X, the River protocol, based on stablecoin, has announced that its TVL has surpassed 300 million dollars within 2 weeks.
In addition, the ecological product River4FUN has accumulated 18,000 participating creators and collaborated with over 20 ecological projects, with more than 100 KOLs, since its launch on the BNB Chain 30 days ago.
According to reports, River’s core product Omni-CDP is a fully collateralized stablecoin satUSD based on LayerZero integration. Users can stake to earn an annual yield of 7-10% in the satUSD+ protocol. Currently, River has integrated Pendle, allowing users to lock PT for a 7% APR, or choose to hold YT to accumulate River Pts with 70x leverage.
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