USDD Launches 80,000 USDD Dual-Market Borrowing Incentive Campaign on Morpho

Odaily News, March 11th: The decentralized stablecoin USDD has announced the launch of a new borrowing incentive campaign on the decentralized lending protocol Morpho, with a total prize pool of 80,000 USDD, covering both the sUSDD/USDC and sUSDD/USDT markets. The campaign will last for 30 days, starting from 8:00 (UTC+8) on March 11, 2026.

The specific incentive allocation is as follows: USDC borrowers will receive a reward of 30,000 USDD, with an APY cap of 2%; USDT borrowers will receive a reward of 50,000 USDD, with an APY cap of 1%. Users can borrow the corresponding assets in the specified markets on Morpho and obtain additional subsidy rewards through the Merkl platform. The USDD team stated that this initiative aims to enhance the liquidity depth and borrowing activity in sUSDD-related markets, creating short-term enhanced yield opportunities for stablecoin holders.