Staking projects are not well-regarded because the market is poor and the principal is easily eroded. So, you might as well consider earning from stablecoins, which at least have no significant price volatility risk. Here, I have selected 8 projects with financing that can earn from stablecoins to share with everyone.
Level
Level is an Ethereum stablecoin protocol that has completed $6.2 million in financing, led by Dragonfly and Polychain.
Level has launched XP points, where users can deposit stablecoins into the corresponding protocol to earn level XP.
1 / Hold USDC on the Ethereum mainnet and convert to lvlUSD: https://app.level.money/buy
2 / Deposit lvlUSD into XP Farm (7-day withdrawal time), which is the simplest way to earn XP: https://app.level.money/farm
3 / Other methods, such as holding lvlUSD YT, staking Curve stablecoin pool LP tokens, borrowing with lvlUSD on Morpho, etc., can be researched further.
Loopscale
Loopscale is an emerging lending protocol on the Solana chain, having completed $4.25 million in financing, led by Coinfund and Jump Capital.
Loopscale launched its beta test and points program on 04/11, where users can earn points by using functions like Lend/Loop/Borrow.
For those who just want to deposit stablecoins, you can directly deposit into the genesis vault pool of USDC/USDG:
Momentum
Momentum is a DEX in the Sui ecosystem, completing $10 million in financing, led by Jump Crypto and Varys Capital.
Momentum has not announced a points program, but the Sui ecosystem has recently had many opportunities, and interaction heat is not low.
For those wanting to prepare in advance, consider using idle funds to deposit in stablecoin LP pools.
Like USDC-USDY, aUSD-USDC, FDUSD-USDC, all have over 20% APR yields: https://app.mmt.finance/liquidity?state=v3
Infrared
Infrared is a PoL infrastructure on the bear chain, completing $18.75 million in financing, led by Yzi Labs and Framework.
Although Infrared has not held a points program, a token has been confirmed, and now might be a good time to farm.
1 / Using BYUSD-HONEY as an example, you can currently provide stablecoin liquidity on BEX: https://hub.berachain.com/pools/0xde04c469ad658163e2a5e860a03a86b52f6fa8c8000000000000000000000000/details/
2 / Then stake the LP receipt token on Infrared: https://infrared.finance/vaults/bex-byusd-honey
Perena
Perena is a stablecoin infrastructure on Solana, completing $3 million in financing, led by Borderless Capital and participated by Yzi Labs.
Perena is conducting a Pre-Season points program, and users can earn points through the following methods:
1 / Limited to 5 swaps per day. Points are given based on your trading volume: https://app.perena.org/swap
2 / Place your LP in stablecoin pools for a long time. Sustain for 2 weeks to get a 1x points multiplier, sustain for 2 months to get up to a 3x points multiplier: https://app.perena.org/swap
Aster
Aster is a Perps DEX on the BNB chain, invested by Yzi Labs.
Due to multiple interactions between CZ and Aster, the project's heat has never been low. Aster is currently conducting an S1 season points program where trading contracts and depositing assets can earn points.
Users can mint and hold assets to earn AU points. To maximize points, they can choose between two strategies.
1/ (Simplest) Mint and hold USDF to get a 20x AU points multiplier: https://www.asterdex.com/en/usdf
2/ (Highest points multiplier) Create and stake an LP pool of USDF/USDT on PancakeSwap to get a 35x AU points multiplier: https://www.asterdex.com/en/earn/ecosystem
Huma
Huma is a Payfi protocol on Solana, completing $46.3 million in financing, led by Distributed Global.
Huma launched the Huma Feather points program, where users can deposit USDC to earn a 10% APY + points. Huma offers two modes for depositing stablecoins: Classic and Maxi.
The former allows users to earn both stablecoin APY and Huma points. The latter cannot earn APY but can earn a higher points multiplier.
Additionally, users can choose to lock their liquidity to further enhance their points multiplier, DYOR: https://app.huma.finance/
Noble
Noble is a stablecoin issuance infrastructure in the Cosmos ecosystem, completing $18.3 million in financing, led by Paradigm and Polychain.
Noble launched USDN yield stablecoin and a points program. After purchasing USDN, users have two choices:
1 / Deposit USDN into the Yield vault to get a 13.5% APY, but no points.
2 / Deposit USDN into the Points vault to earn Noble points, but no APY. DYOR: https://points.noble.xyz/
