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Cá Ba Sa
@cabasa
The Rapid Growth of New Stablecoin Projects
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Vien Tin
@vientin
In the past, MakerDAO’s DAI was collateralized with ETH, but users who staked ETH as collateral couldn’t receive staking rewards. In contrast, recent stablecoin projects are utilizing LSTs as collateral, allowing users to earn staking rewards while enhancing capital efficiency. This approach is driving innovation in the stablecoin market, offering more value to users.
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iguverse
@iguverse.eth
Additionally, stablecoins built on decentralized finance (DeFi) protocols are adopting various innovative strategies. One key feature of these new stablecoins is the use of Liquid Staking Tokens (LSTs) as collateral to boost profitability.
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Gop
@guop
Despite generating significant profits from their collateral assets, stablecoin issuers have yet to distribute these earnings to their stablecoin holders. Recognizing this, new stablecoin projects are emerging with strategies aimed at sharing the profits from collateralized assets with holders of their stablecoins.
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