Recently, I have been researching an interesting stablecoin yield model — Phoenix Finance. The biggest difference between it and traditional DeFi mining is that the yield logic is completely different. Many protocols offer high APYs, which essentially involve issuing governance tokens as subsidies; when the price drops, the returns disappear. But Phoenix Finance's $yPUSD

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin