edgeX Launches V1 to V2 Migration, Partnering with USDC and Gauntlet to Launch a Limited-Time Incentive Program with 50 Million USDC Allocation

Odaily Odaily reports that edgeX has officially initiated the migration from V1 to V2. After the migration is complete, users can 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 allocation cap of 50 million USDC. During the campaign, 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 promote edgeX's upgrade to a native USDC settlement system, providing users with a more stable and efficient capital utilization experience. The campaign is available for a limited time, and deposits will be accepted until the allocation cap is reached.