The first blockchain abstract stablecoin system launches a USDT Vault yield product without liquidation risk. The first blockchain abstract stablecoin system @ RiverdotInc will launch a USDT Vault yield product (Smart Vault) at 10pm on the 10th (tomorrow), with a 45 day period and an annualized rate of 40.8%. However, with only a limit of 10 million, it should be able to be fully deposited soon. Friends with ideas remember to save them as soon as possible. Website: https://app.river.inc/smart-vaultRiver The general logic of this Vault revenue product is that users deposit assets (BTC/ETH/USDT), and Vault earns profits by executing revenue strategies in DeFi and CeDeFi to earn points. Compared to conventional CDP (collateralized debt position) agreements, the advantage lies in the simple operation of saving money, maturing, retrieving principal, and earning returns. We all know that in order to earn profits in a DeFi protocol, it is necessary to always pay attention to the clearing line of collateral, as cryptocurrency prices fluctuate greatly. Failure to pay attention in a timely manner may result in losses due to clearing. Every time there is a violent market fluctuation, large-scale clearing will occur on the chain. However, River's Smart Vault does not have any liquidation risks due to its special satUSD casting mechanism. Smart Vault can be summarized in one sentence: achieve the same high returns as CDP protocol with simpler operations, but without liquidation risks. As the first blockchain abstract stablecoin system, River now has 600 million TVLs, and their decentralized stablecoin satUSD has also minted 270 million coins. The biggest feature of River is that it allows users to pledge assets on Chain A and then cast satOSD on Chain B. We often see some on chain whales pledging assets to mint U on the ETH chain and then cross chain to use it on, for example, the ARB chain. If River is used, assets can be pledged on the ETH chain and directly used to mint satUSD on ARB. This has advantages in both efficiency and cost. Efficiency advantage: Traditional A-chain mortgage casting can be extended to B-chain in at least 10 minutes; River directly pledges A-chain to B-chain for real-time casting. In extreme market conditions, if you cross the chain after casting U, the yellow flowers may have cooled down. Cost advantage: Cross chain protocols generally charge a handling fee of 1000 yuan, which accumulates to a considerable amount over several times.