AC update calculation stable parameters: When TVL is 100 million US dollars, APY can reach 95.9%, and when it exceeds 1 billion US dollars, it can reach 19.18%
Bitget2025/03/24 14:09
Sonic co-founder Andre Cronje (AC) updated more information about his proposed algorithmic stablecoin project in X. AC stated that Sonic team member Yohaan has found a new method, under which the stablecoin can achieve 95.9% APY when the TVL is $100 million, and can achieve 19.18% APY when the TVL exceeds $1 billion.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
jellyjelly breaks above $0.03, up about 300% in the last hour
Bitget•2025/03/26 16:03
HYPE rallies briefly above 14.4 USDT, or on JELLYJELLY downgrade news
Bitget•2025/03/26 16:01
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$86,725.09
-1.19%

Ethereum
ETH
$2,011.78
-2.75%

Tether USDt
USDT
$1
-0.02%

XRP
XRP
$2.41
-1.29%

BNB
BNB
$623.47
-1.53%

Solana
SOL
$139.37
-4.27%

USDC
USDC
$1
+0.02%

Dogecoin
DOGE
$0.1957
+2.51%

Cardano
ADA
$0.7398
-2.36%

TRON
TRX
$0.2288
+0.68%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now