Babe, good afternoon! Yesterday after work, I rushed to the dessert shop to treat myself to some afternoon tea rewards~ Although it was a bit late, being happy is the most important thing!
I already love sweet things so much that I directly ordered two drinks. As a result, the staff thought it was for two people and even specially gave me two sets of utensils. In fact, I can show off with two drinks all by myself, just focusing on enjoying them, haha!
Today let's continue to talk about @stbl_official's stablecoin USST ~ I have always believed that a good stablecoin should solve the problem of being "stable, flexible, and able to earn rewards." The USST in the STBL ecosystem just happens to do that. It is pegged to the US dollar at a 1:1 ratio, but it is much more practical than the old stablecoins, which are completely just static cash.
Let me first talk about the use that surprised me the most. USST separates liquidity and rewards, allowing you to use your USST as you wish, whether it's transferring money to friends, switching between CeFi and DeFi, or implementing some financial strategies, there are no restrictions.
The earnings will automatically go into the YLD NFT. Even if you play around with USST every day, YLD will quietly accumulate earnings without any extra operations, which is equivalent to earning while using, without delaying either.
Moreover, its security is reassuring, not relying on algorithms or a single asset. Behind it are real assets such as treasury bonds and money market funds, all of which are tokenized and regulated. Additionally, with over-collateralization, even with market fluctuations, it can be redeemed 1:1, so there's no need to worry about decoupling.
Moreover, it can seamlessly connect with DeFi and CeFi ecosystems, allowing direct use whether through DeFi protocols or CeFi platforms, without needing to switch platforms. This is extremely practical for those who frequently tinker with financial tools.
Let's talk about how to mint. The steps are actually very simple and do not require complicated operations: The first step is to deposit the tokenized assets in your hands that meet the requirements, such as USDY, OUSG, and BUIDL, which are recognized compliant assets in the market.
After the deposit is completed, the system will automatically give you two things: one is the stablecoin itself USST, and the other is the yield certificate YLD.
After that, USST can be used freely for consumption, transfer, trading, and investment strategies. YLD will earn returns along with the underlying assets. When you want to cash out, just exchange YLD, without needing to lock up or stake additionally.
For us ordinary users, not having to choose between stability, flexibility, and returns is exactly how a stablecoin should be. No wonder it's said to be the core of stablecoin 2.0; it really deserves more attention~
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Babe, good afternoon! Yesterday after work, I rushed to the dessert shop to treat myself to some afternoon tea rewards~ Although it was a bit late, being happy is the most important thing!
I already love sweet things so much that I directly ordered two drinks. As a result, the staff thought it was for two people and even specially gave me two sets of utensils. In fact, I can show off with two drinks all by myself, just focusing on enjoying them, haha!
Today let's continue to talk about @stbl_official's stablecoin USST ~ I have always believed that a good stablecoin should solve the problem of being "stable, flexible, and able to earn rewards." The USST in the STBL ecosystem just happens to do that. It is pegged to the US dollar at a 1:1 ratio, but it is much more practical than the old stablecoins, which are completely just static cash.
Let me first talk about the use that surprised me the most.
USST separates liquidity and rewards, allowing you to use your USST as you wish, whether it's transferring money to friends, switching between CeFi and DeFi, or implementing some financial strategies, there are no restrictions.
The earnings will automatically go into the YLD NFT. Even if you play around with USST every day, YLD will quietly accumulate earnings without any extra operations, which is equivalent to earning while using, without delaying either.
Moreover, its security is reassuring, not relying on algorithms or a single asset. Behind it are real assets such as treasury bonds and money market funds, all of which are tokenized and regulated. Additionally, with over-collateralization, even with market fluctuations, it can be redeemed 1:1, so there's no need to worry about decoupling.
Moreover, it can seamlessly connect with DeFi and CeFi ecosystems, allowing direct use whether through DeFi protocols or CeFi platforms, without needing to switch platforms. This is extremely practical for those who frequently tinker with financial tools.
Let's talk about how to mint. The steps are actually very simple and do not require complicated operations:
The first step is to deposit the tokenized assets in your hands that meet the requirements, such as USDY, OUSG, and BUIDL, which are recognized compliant assets in the market.
After the deposit is completed, the system will automatically give you two things: one is the stablecoin itself USST, and the other is the yield certificate YLD.
After that, USST can be used freely for consumption, transfer, trading, and investment strategies. YLD will earn returns along with the underlying assets. When you want to cash out, just exchange YLD, without needing to lock up or stake additionally.
For us ordinary users, not having to choose between stability, flexibility, and returns is exactly how a stablecoin should be. No wonder it's said to be the core of stablecoin 2.0; it really deserves more attention~