🔥 Ambush Airdrop + Earn High APY! 10 Upcoming Hot New Projects, Hurry Up and Get On Board!
DeFi Category
1. Stout Project Introduction: Stout is a native lending protocol on Sonic, with a current TVL of 4 million USD. It is currently possible to borrow its protocol stablecoin DUSX by providing wS, stS, wETH, veSTTX. The protocol consists of four tokens: STTX: supports the protocol, equivalent to Stout's base token, with a token deflation and burn mechanism; it is not recommended for long-term holding, and the best way is to lock it as veSTTX; DUSX: an over-collateralized stablecoin that can be exchanged 1:1 with USDC through the protocol PSM; veSTTX: governance token and collateral asset, providing a 98% lending LTV ratio; stDUSX: staking token, can earn 75% of the protocol income, staking APY of 24.47%. In lending projects, it is essential to pay attention to the project's liquidation threshold. Each collateral's maximum ratio on Stout is different, and its liquidation characteristic is: when the collateral debt position (CDP) reaches the liquidation threshold of a certain collateral, the user can still repay the debt to obtain part of the collateral. Reasons to pay attention: belongs to the DeFi protocol of the Sonic ecosystem; high LTV in lending (Loan-to-Value ratio, the ratio of loan amount to collateral value); stDUSX's staking APY is 24.47%.
2. Dexari Project Introduction: Dexari is a self-custodial, permissionless on-chain DEX built on Hyperliquid, and has launched the IOS Testflight version App (requires an invitation code to join Early Access). It has now launched contract markets, token chart tools, and advanced order features. This project does not require KYC, supports multi-chain unification of cross-chain balances, and spot trading, fiat deposits and withdrawals, token monitoring, and alert functions are coming soon. Additionally, Dexari will also launch staking and mining functions in the future. Currently, early users can earn points in its Dexari Points Preseason to receive rewards after Early Access ends. Reasons to pay attention: built on Hyperliquid, deep liquidity; App version DEX, may replace mobile CEX; early access experience version can earn rewards, co-founder Zac.hl for Binance.US, follow me for continuous updates.