USDaf Deployment Update!
• ysyBOLD enters the collateral set! Opening up massive yield/looping opportunities on USDaf from borrowing against ETH via Liquity
• 3 collaterals removed (cbBTC, sUSDe and sDAI): ensuring that redemption bots require less gas to keep a more consistent USDaf peg
• $100k open-audit competition announced: One week only
• USDaf to stay immutable: Less code changes required, prioritizing safety and decentralization
• Multiply (one-click looping) set to be released very shortly after USDaf’s launch: 'Degen Box' is coming with 40-50% yields on stables...
USDaf remains on target to be deployed in July — back better & stronger than ever!
37.53K
396
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.