Get Rich Quick with Ondo Finance’s New Campaign! 💰🚀

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So, Ondo Finance just dropped a campaign on Sui’s NAVI Protocol, and guess what? They want you to adopt their yield-bearing stablecoin, USDY. Because who doesn’t want to be part of the next big thing in finance? 🙄

In a move that’s totally not a ploy to get you to part with your hard-earned cash, Ondo Finance (ONDO) has teamed up with NAVI Protocol. They’re rolling out the red carpet from Feb. 26 to March 12, inviting you to earn rewards by supplying liquidity for USD. Yes, that’s right! Just deposit your money into NAVI Protocol and watch the magic happen. Or, you know, just hope for the best. 🤷‍♀️

Here’s the kicker: you earn points based on how much liquidity you contribute. The more you give, the more you can win! There’s a whopping $35,000 reward pool. The top 100 participants will split $10,000, while 2,500 lucky souls will divvy up the remaining $25,000. It’s like a lottery, but with more spreadsheets! 🎉

Now, let’s talk about USDY. This isn’t your grandma’s stablecoin. Unlike Tether (USDT) or USD Coin (USDC), which just sit there like a lump on a log, USDY is backed by US Treasury bills and bank deposits. It’s like having a savings account that actually earns you interest—without the hassle of talking to a banker! 💸

And the best part? You don’t have to stake or lock anything up. USDY is the stablecoin for those who want to earn yield without the crypto rollercoaster ride. It’s like being in a relationship where you don’t have to worry about your partner ghosting you. 🙌

USDY made its grand debut on the Sui blockchain in March 2024 and has since expanded to other networks. It’s like that friend who keeps getting invited to parties—first on Cosmos in July 2024, then Aptos in December 2024, and Arbitrum in August 2024. And just when you thought it couldn’t get any better, it’s also launching on Stellar (XLM) soon. 🎊

But wait, there’s more! Other protocols on Sui, like Aftermath Finance and Cetus, are also getting in on the USDY action. It’s like a financial party, and everyone’s invited! 🎈

And if you’re wondering about other DeFi platforms, USDY is also making waves on BounceBit and Injective (INJ). Plus, Drift Protocol lets you use USDY as collateral for perpetual trading on Solana (SOL). Because why not? Let’s throw everything at the wall and see what sticks! 🤪

According to Coinmarketcap, as of Feb. 26, USDY has a market cap of around $382 million. So, if you’re not on board yet, what are you waiting for? A personal invitation? Here it is: you’re invited! 🎉

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2025-02-26 14:00