Here is the English translation: Recently, the yields on many on-chain stablecoins have plummeted to the point of being unpalatable. wallet has added some subsidies, but it's still not reaching 10%. has launched a stablecoin subsidy on the chain at this time. The base yield is already quite high, and with the large-scale subsidy, it has directly surged to over 20%, which is very attractive. If you also lend out some to their pool for the subsidy, the lent-out can also generate around 20% - a double harvest. The downside is that there is a 14-day redemption lock-up period, so you need to be cautious. If experiences a sudden price surge, the subsidy may not be able to keep up.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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