This Week in DeFi – April 22

DAI Interest Rates 30 Day Avg. Apr 22 fEdW23

To the DeFi community,
This week Tron crashed the algorithmic stablecoin party, announcing that it will launch its very own USDD stablecoin May 5th. The coin will be supported with TRX and $10 billion worth of crypto reserves – as well as offering 30% interest rate. This may be one to watch, as it attracts liquidity away from the dwindling UST and anchor protocol, as well as stealing the thunder from NEAR Protocol’s budding USN.

💸The @usddnetwork will provide custody service for the $10B worth of highly liquid assets raised from blockchain industry initiators and use them as an early-stage reserve.
⚖️The @trondaoreserve will set its basic risk-free interest rate to 30% per annum.#USDD #TRONDAOReserve pic.twitter.com/HrYeGmwWp0
— H.E. Justin Sun 🅣🌞🇬🇩 (@justinsuntron) April 21, 2022

Ethereum scaling platform Optimism may be the next Layer-2 solution to release its own token, following a development team blog post laying out plans for a move to community ownersh

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We współpracy z: https://defirate.com/this-week-in-defi-april-22/

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