Uncle Cat has done a thorough job this time. Previously, I discussed the three forms of stablecoins, which are basically trading stablecoins, payment stablecoins, and yield stablecoins. The first two are mainly compliance-focused centralized stablecoins, while the third type is the on-chain stablecoins we often see, primarily serving the purpose of yield. The $CVGT introduced by Uncle Cat is also a type of yield stablecoin.

The characteristic of this "stablecoin" is that it exchanges mainstream assets for assets pegged to the "dollar," while the staked mainstream assets are leveraged or utilized through financial derivatives or quantitative methods to pursue higher yields. These yields are then proportionally returned to the stakers. Since mainstream assets are not sold, it can be understood as a concept of leveraging spot assets, allowing one to avoid missing out on the appreciation of mainstream assets while also obtaining higher yields than directly staking mainstream assets.

Of course, there is no 100% safe income in the world, so participants need to pay attention to security when getting involved. @convergent_so is also based on the LSD protocol under the #Solana ecosystem and has collaborations with JTO and PYPH, especially since JTO is the largest LST in the SOL ecosystem and has also been listed on #OKX.

The space for yield stablecoins on-chain may continue to grow in the future. How to choose depends on the individual participants.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。