Stablecoin
iYU Finance emerges as the pioneering Omnichain LST-backed, yield-bearing stablecoin solution globally, addressing the inherent need for profit-generating utility that LSTs require to unlock their vast potential.
In achieving this, iYU Finance introduces a groundbreaking approach:
Stablecoins, a specialized category within the cryptocurrency realm, aim to mimic the value of fiat currencies like USD at a 1:1 ratio. Given their predictable store of value and liquidity provision, stablecoins constitute a significant portion of most DeFi users' portfolios. However, a critical challenge arises for stablecoin holders as they typically do not accrue interest, leaving them susceptible to depreciation due to USD inflation.
Amidst the current landscape of heightened inflation, it becomes imperative for stablecoin holders to earn interest to preserve their purchasing power. The existing generation of stablecoins falls short in providing interest income to holders due to limitations in their issuance and collateralization mechanisms.
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