Original | Odaily Planet Daily ( @OdailyChina )
Author: Azuma ( @azuma_eth )
This column aims to cover the low-risk return strategies based on stablecoins (and their derivative tokens) in the current market (Odaily Note: code risks can never be ruled out) to help users who hope to gradually increase the scale of funds through U-based financial management to find more ideal interest-earning opportunities.
Previous records
New opportunities
Falcon publicly released, points program details confirmed
On April 30, Falcon Finance (portal: https://app.falcon.finance ), a stablecoin protocol incubated by DWF Labs, officially announced its public release. From now on, users can directly mint or redeem USDf on the platform without applying for a whitelist.
At the same time, Falcon Finance has also officially confirmed the details of the points plan (Falcon Miles). Points can be accumulated by minting, holding, and staking USDf. The points multipliers corresponding to each operation are as follows - choosing to lock up for 3, 6, or 12 months will have a corresponding APY increase (up to 19.83%) and accelerated points increase. You can choose whether to lock up based on your personal risk preference.
Coinshift Points Program
At the end of April, Coinshift, an asset management platform that has received investments from well-known institutions such as Tiger Global, Sequoia Capital India, and Polygon Studios, announced that its stablecoin csUSDL has integrated Pendle.
Currently, users who directly purchase PT expiring on July 31st on Pendle can earn an APY of 11.5%; if LP makes a market, the APY is 11.65% (which can rise to 17.76% with sufficient PENDLE pledge), and at the same time obtain 30 times the Shift points.
I checked the history of Coinshift and it seems that this is the first time that the project has mentioned points. Although the specific plan and utility are unclear, given that the basic rate of return is already good, it is worth considering ambush.
Midas TVL has a significant growth rate
On April 26, my colleague wrote a guide on how to participate in the RWA protocol Midas (see TVL exceeds US$60 million, analyzing the wealth opportunities hidden behind Midas for details).
Just a few days later, on May 1, Miads TVL exceeded US$75 million again. There are obvious signs of capital influx. You can participate according to the above strategy.
Ethena Season 3
Last week, the most celebratory thing for stablecoin miners was undoubtedly that Ethena opened the third quarter airdrop application. In the end, Ethena took out 3.5% of ENA as the airdrop quota for this season.
Since my personal address has been adjusted many times in the middle, it is difficult to calculate the exact rate of return, but a big guy on X has calculated that the APR performance of the Pendle USDe pool alone (50 times the points increase) is about 11%.
Currently, Ethena Season 4 (portal: https://app.ethena.fi/join/r0p2g ) is in progress and will last until September 24. Large capital users with liquidity requirements may consider participating.
