Suddenly Awakening After Using Solayer's sUSD Stablecoin — This is not a DeFi protocol, it is clearly the Federal Reserve of the digital world! Traditional stablecoins are like stagnant waters with zero interest rates, but sUSD brings US Treasury yields on-chain, waking up every day to see T-bill interest automatically credited, with an annualized return of 4% smashing bank wealth management💸
The most disruptive part is the Emerald Card enabling fiat channels; I was moved to tears yesterday while using sUSD to pay my mortgage: on-chain assets can directly combat inflation! However, there is always a risk of being hacked with smart contracts, so I always chant "Mnemonic phrase bless me" before making large transactions… But seeing endorsements from organizations like Jump Crypto makes me feel a bit more at ease.
I recommend stable players to configure "On-chain National Bonds" ~ How do you combat inflation? Show your strategies in the comments! @Solayer #BuiltonSolayerLAYER $LAYER