The first phase of the USDD × Pendle incentive event has successfully concluded, and the second phase with an additional $600,000 has officially begun

On August 27, the decentralized stablecoin USDD announced the data for the first phase of the incentive program for the sUSDD market in collaboration with Pendle and officially launched the second phase of the incentive plan. According to the introduction, the first phase provided over $300,000 in rewards to the market, pushing the highest TVL of the sUSDD market on Pendle close to $40 million; the total value of the second phase incentives has increased to $600,000, doubling that of the first phase and further enhancing user returns. The continuous launch of this activity demonstrates that the diversified and multi-strategy yield activities provided by USDD have gained recognition from the market and leading platforms, showcasing its strong capabilities as a stable, secure, and transparent DeFi product.

Outstanding Performance: Successful Conclusion of the First Phase

During the first phase of the incentives, USDD and Pendle collaborated deeply, providing over $300,000 in rewards to the sUSDD market. During the event, the highest TVL of the sUSDD market approached $40 million, and the overall PT fixed yield rate remained stable at over 7%. At the same time, PT-sUSDD successfully launched on the Morpho market as collateral, supporting users to lend USDT and USDC, effectively creating a circular loan demand, further enhancing user capital utilization efficiency and market activity.

As an important infrastructure in the DeFi fixed income sector, Pendle's fixed income market provides highly flexible yield management tools through its innovative mechanism of splitting principal and yield rights for trading. The integration of sUSDD into the Pendle market successfully expands the stablecoin yield model from simple holding to diverse scenarios such as fixed income, yield rights trading, and liquidity strategies, promoting USDD's deep integration into the mainstream DeFi yield ecosystem.

The successful conclusion of the first phase fully validated the attractiveness of sUSDD in fixed income and leverage strategy scenarios and laid a solid foundation for the smooth transition to the second phase of incentives.

Rewards Doubled: Continuation of Three Major Strategies in the Second Phase

According to the official announcement, the second phase of incentives officially started on August 27 and will last until November 26, totaling 91 days. The total value of this phase's rewards reaches $600,000, doubling that of the first phase. Users can seamlessly connect after the first phase expires and continue to participate in compound growth.

It is reported that based on the success of the first phase, the core incentives of the second phase present two major highlights: first, the initial reward for PT is 5%, and users can perform circular loan operations through Morpho to further amplify returns; second, the initial reward for YT is 1%, which will gradually increase as the market TVL rises.

To meet the different risk preferences of users, the second phase continues to introduce three major strategies. In Strategy A, users purchase PT-sUSDD to lock in fixed income and can use circular loans to amplify returns; in Strategy B, users can hold YT-sUSDD to obtain excess elastic returns; in Strategy C, users can provide liquidity to earn trading fees and additional incentives.

Users can participate by visiting the event page: ++https://app.pendle.finance/trade/markets/0xbeab098b510f758cd35122ee345957b8eccbb322/sy-converter/unwrap?view=pt\&chain=ethereum++.

Diversified Cooperation Continues to Deepen: USDD's Practicality Continues to Enhance

This renewed cooperation with Pendle is an important manifestation of USDD's continuous expansion of its ecological boundaries and enhancement of asset practicality. Through collaboration with mainstream DeFi protocols like Pendle and Morpho, USDD not only provides users with stable income channels but also further enriches the applications of sUSDD in fixed income, leveraged cycles, and liquidity provision scenarios.

Currently, the supply of USDD exceeds $1.5 billion, with the protocol's TVL reaching approximately $2.22 billion, and the cumulative investment returns of Smart Allocator have surpassed $26.25 million. With the dual security mechanism of "over-collateralization + PSM 1:1 exchange" and the sustainable yield model of Smart Allocator, USDD is gradually consolidating its market positioning as the "yield-bearing version of USDT."

By continuously engaging in deep cooperation with leading DeFi protocols, USDD is gradually evolving from a single stablecoin into a decentralized financial infrastructure that combines stability, yield, and composability. This not only enhances USDD's market competitiveness but also provides users with richer and more flexible asset allocation options, further strengthening its practical value and long-term influence in the DeFi ecosystem.