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Data: sUSDD TVL breaks 1 million USD, offering 12% APY savings yield.
According to ChainCatcher news, the total lock-up position (TVL) of the decentralized stablecoin USDD and its interest-bearing token sUSDD has surpassed 1 million USD. It is reported that sUSDD officially launched on October 6, providing a decentralized and transparent savings system. Users can convert USDD into sUSDD, and after depositing, they can automatically enjoy an annual percentage yield (APY) of 12% without the need for staking or lock-up position, achieving asset appreciation. The official statement indicates that the launch of sUSDD makes the savings of crypto assets more accessible, safer, and friendlier, marking a new chapter for DeFi.