Stablecoin U Launches Staking Season in Partnership with Binance Wallet, Total Incentive Pool Reaches 2 Million U

Odaily News: United Stables (U) has officially partnered with Binance Wallet to launch the Season 1 staking event, with a total incentive pool of 2 million U. Participants can earn up to 20% APY during the event period.

The participation threshold for this event is low. Users only need to hold or deposit a minimum of 100 U to be eligible for reward distribution. Rewards can be obtained by holding ≥100 U via Binance Wallet, or by participating in U staking and lending on protocols like Venus and Lista.

Since its launch, U has primarily served trading and settlement functions. With the opening of yield-generating gateways at the wallet layer, U is transitioning from a liquidity asset to a yield-bearing asset. Its liquidity pathways now cover CEX, DEX, and Wallet layers, gradually forming a complete closed loop. U plans to introduce more yield programs and ecosystem collaborations in the future, continuously expanding its application scenarios in trading, yield generation, and on-chain capital deployment.