Overnight Launches USD+ On Avalanche

DeFi Protocol Overnight has launched USD+, a yield-bearing stablecoin on the Avalanche blockchain to aid its mission in upgrading Liquidity Pools across the ecosphere. Overnight Finance Expands To Avalanche USD+, DeFi’s esteemed Yield-Bearing-Stablecoin has expanded to Avalanche after taking over one of Polygon’s leading Decentralized Exchange (DEX), Dystopia by storm. Its unique proposition is that it enables Yield-Farmers to earn ever more on their Liquidity Provisions. With it initially deploying on TraderJoe by commencing its journey on Avalanche, it sets out to revolutionize the way we think about Liquidity Provisions in itself. In a given Liquidity Pool with USD+, users earn yields from USD+ on top of Swap Fees and Gauge Pool rewards. The innovation here is that users earn Yields from USD+ on top of other Liquidity Pool incentives, making Liquidity Provisions more lucrative than what we’ve seen before. Getting Into The Midst Of It The proces...
Source : Overnight Launches USD+ On Avalanche

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