USDD Lowers Ethereum Base Yield to 6%

Odaily News According to an official announcement, USDD has officially stated that following the recent completion of ecosystem upgrades and steady growth in ecosystem scale, USDD is transitioning from a phased growth incentive model towards a more diversified and sustainable yield structure. After a comprehensive assessment of the current market environment, on-chain capital efficiency, and risk management factors, USDD will adjust the base APY on the Ethereum network in phases. Post-adjustment, the base yield for USDD's interest-bearing token sUSDD on Ethereum has been set at 6% and is effective immediately. Simultaneously, the USDD team indicated that they are continuing to advance the third round of staking incentive activities with their staking ecosystem partner, Binance Wallet, with the total incentive pool size increased to 800,000 USDD.