Bybit: Mantle Vault's initial public offering (IPO) funds surpass $50 million, and on-chain stablecoin investment strategies are gaining popularity.

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According to ChainCatcher, Bybit's On-Chain Earn's first stablecoin on-chain vault asset management product, Mantle Vault, officially launched on December 22. Within just one week of its launch, the amount of funds deposited exceeded 50M USDT.

This high-yield stablecoin investment product adopts a market-neutral strategy, demonstrating significant appeal in uncertain market conditions: USDT/USDC targets an annualized return of 5%–10% during bear markets and 10%–25% during bull markets (actual returns vary with market conditions).

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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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