edgeX initiates V1 to V2 migration, launching a limited-time incentive program with a 50 million USDC quota in partnership with USDC and Gauntlet

Odaily reported that edgeX has officially announced the start of its migration from version V1 to V2. Upon completion of the migration, users will be able to participate in the new USDC Rewards Vault incentive program using native USDC.

This program is launched by edgeX in collaboration with the USDC ecosystem and on-chain risk management institution Gauntlet, with a total reward quota of up to 50 million USDC. During the event, users depositing USDC can earn a comprehensive annualized reward of up to approximately 7%, including:

4% USDC annualized yield

An additional 3% EDGE annualized reward

This migration will further upgrade edgeX's transition towards a native USDC settlement system, offering users a more stable and efficient capital usage experience. The program is available for a limited time and will remain open until the deposit quota is reached.