- Pledge projects are not popular because the principal can easily shrink if the market is not good.
- Then you might as well consider investing in stablecoins, at least there is no big risk of price fluctuations.
- Here I have selected 8 projects that have received financing and can use stablecoins to make money and share them with you.
Level
Level is an Ethereum stablecoin protocol that has completed US$6.2 million in financing, led by Dragonfly and Polychain.
Level has launched XP points, and users can deposit stablecoins into the corresponding protocol to obtain level XP.
1/Hold USDC on the Ethereum mainnet and exchange it for lvlUSD: https://app.level.money/buy
2/Deposit lvlUSD into XP Farm (withdrawal time 7 days), this is the easiest way to get XP: https://app.level.money/farm
3/Other methods, such as holding lvlUSD YT, staking Curve's stablecoin pool LP tokens, borrowing lvlUSD in Morpho, etc., can DYOR.
Loopscale
Loopscale is a new lending protocol on the Solana chain. It has completed US$4.25 million in financing, led by Coinfund and Jump Capital.
Loopscale launched the beta public test and points plan on 04/11. Points can be earned by using functions such as Lend/Loop/Borrow.
For those who only want to store stablecoins, you can directly deposit USDC/USDG into the Genesis Treasury pool:
Momentum
Momentum is the Dex in the Sui ecosystem and has completed a $10 million financing round led by Jump Crypto and Varys Capital.
Momentum has not announced a points plan, but the SUI ecosystem has made a lot of big moves recently and the interaction has been quite popular.
Friends who want to ambush in advance can consider depositing idle funds in the stablecoin LP pool.
Like USDC-USDY, aUSD-USDC, FDUSD-USDC, all have APR returns of more than 20%: https://app.mmt.finance/liquidity?state=v3
Infrared
Infrared is the PoL infrastructure of BearChain and has completed a financing of US$18.75 million, led by Yzi Labs and Framework.
Although Infrared has not held a points program, it has been confirmed that there will be tokens, so now may be a good time to farm.
1/ Taking BYUSD-HONEY as an example, you can now provide stablecoin liquidity on BEX: https://hub.berachain.com/pools/0xde04c469ad658163e2a5e860a03a86b52f6fa8c8000000000000000000000000000/details/
2/ Then stake the LP receipt token on Infrared: https://infrared.finance/vaults/bex-byusd-honey
Perena
Perena is the stablecoin infrastructure on Solana and has completed a $3 million financing round led by Borderless Capital and participated by Yzi Labs.
Perena is holding a Pre-Season Points Program, and users can obtain points through the following methods:
1/Swap is limited to 5 times a day. You will be given points based on your trading volume: https://app.perena.org/swap
2/ Keep your LP in the stablecoin pool for a long time. Get 1x point multiplier for 2 weeks and up to 3x point multiplier for 2 months:
Aster
Aster is a Perps Dex on the BNB chain and has received investment from Yzi Labs.
Due to CZ's many interactions with Aster, the project has been very popular. Aster is currently carrying out the S1 season points plan, and points can be obtained by trading contracts and depositing assets.
Users can mint and hold assets to earn AU points, and can choose between two strategies in terms of maximizing points.
1/ (Simplest) Mint and hold USDF to get a 20x AU points multiplier: https://www.asterdex.com/en/usdf
2/ (Highest points multiplier) On Pancakeswap, you can get a 35x au points multiplier by forming a USDF/USDT LP pool and staking: https://www.asterdex.com/en/earn/ecosystem
Huma
Huma, Solana’s Payfi protocol, raises $46.3 million in funding led by Distributed Global.
Huma launched the Huma Feather Points Program, where users can deposit USDC to earn 10% APY + points. Huma offers two modes for depositing stablecoins, Classic and Maxi.
The former can earn both stablecoin APY and Huma points, while the latter cannot earn APY but can earn a higher points multiplier.
In addition, users can choose to lock their liquidity to further increase their points multiplier, DYOR: https://app.huma.finance/
Noble
Noble is the stablecoin issuance infrastructure in the Cosmos ecosystem and has completed US$18.3 million in financing, led by Paradigm and Polychain.
Noble has launched the USDN income stablecoin and points program. Users have two options after purchasing USDN:
1/ Deposit USDN into the Yield Vault and get 13.5% APY, but no points.
2/ Deposit USDN into the Points Vault to earn Noble points, but no APY. DYOR: https://points.noble.xyz/
