edgeX launches V1 to V2 migration, partners with USDC and Gauntlet to launch a limited-time incentive program with 50 million USDC quota

Odaily Odaily reported that edgeX officially announced the launch of the migration from V1 to V2. After the migration is completed, users can use native USDC to participate in the new USDC Rewards Vault incentive program.

The program is launched by edgeX in collaboration with the USDC ecosystem and on-chain risk management institution Gauntlet, with a maximum reward quota of 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 promote edgeX's upgrade to a native USDC settlement system and provide users with a more stable and efficient experience in capital utilization. The event is time-limited and will remain open until the deposit quota is reached.