Perena founder: Considering simplifying the USD* structure and reverting to a single portfolio
Foresight News reports that stablecoin infrastructure Perena founder Anna Perenina tweeted that she is considering simplifying the USD* product architecture. The current plan is to restore USD* to a non-layered, full portfolio, with an estimated APY of about 10%. At the same time, USD*-P will be established as the main fixed income product, with an expected APY of 5-6%, and USD*-J will provide over 100% excess collateral protection. Previously, after the team layered USD*, most users did not hold them simultaneously, resulting in a decline in USD* yield; therefore, a single structure restoration is being considered, and feedback is being sought from the community.
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.
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