📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Comprehensive Analysis of Stablecoin Returns in the Crypto Market: From USDT to US Treasury RWA Projects
Crypto Market Stablecoin Yield Analysis
Recently, the crypto market has shown a lackluster performance, and conservative and stable returns have once again become a market demand. This article will analyze the current mainstream categories of stablecoins and their yield models.
Main Categories of Stablecoins
Main Stablecoin Yield Model
1. stablecoin lending
Lending is the primary revenue model for stablecoins, with income derived from the interest paid by borrowers.
2. Liquidity Mining
With Curve as a representative, the yield comes from transaction fees and token rewards. It has high security but lower yield (0-2%).
3. Market Neutral Arbitrage
Mainly includes:
Ethena has moved funding rate arbitrage on-chain, allowing ordinary users to participate.
4. US Treasury RWA Project
Like Ondo's USDY and Usual's USD0, the yield is stable at around 4%. Usual's USD0++ provides liquidity solutions.
5. Structured products for options
The strategy mainly involves "selling options to earn premiums," which is suitable for range-bound market conditions. The Shark Fin strategy launched by OKX and others provides principal protection.
6. Tokenization of Returns
The Pendle protocol splits yield-bearing assets into PT and YT, providing various strategies such as fixed income and yield speculation.
7. A basket of stablecoin yield products
Like Ether.Fi's Market-Neutral USD pool, it offers a variety of stablecoin yield product combinations.
8. stablecoin staking
If the AO network accepts DAI staking to obtain AO coin rewards.
Understanding the sources of stablecoin yields and configuring them reasonably can respond to market risks on a stable basis.