Idle stablecoins are a waste. Why not take some out to participate in earning opportunities, with an APY of 5-20% waiting there. For example, the Monad ecosystem can generate no less than USD 1 in single-transaction profit through aggregation tools like Merkl, and this mechanism has already been tested. Imagine if the Solana ecosystem also launches a similar yield deployment channel? As multi-chain competition intensifies, each blockchain is vying for user liquidity. Wherever stablecoins flow, there are profit opportunities emerging. Instead of being forced to endure inflation erosion, it's better to actively participate.
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LiquidatorFlash
· 7h ago
5-20% APY sounds great, but you need to calculate the liquidity risk. If Monad's trap works, replicating it on Solana would involve a completely different logic.
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GasFeeCrybaby
· 12-19 22:48
Stablecoins are depreciating while lying idle; might as well gamble on Merkl's returns—after all, it's just sitting around anyway.
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OnchainUndercover
· 12-19 22:45
5-20% APY sounds great, but it depends on the risk of exit scams.
Merkl's approach does have some merit, but I'm worried the ecosystem is too small and might collapse.
If the Sol ecosystem really pushes this, it needs to stabilize first.
Otherwise, it'll just be another "arbitrage war," and retail investors will be the ones ultimately exploited.
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CryptoGoldmine
· 12-19 22:39
Stablecoins indeed depreciate when held, but the key is whether the APY can outpace the inflation cycle. I have looked at Monad's Merkl data, and the computing power yield is indeed good, but liquidity mining in the Solana ecosystem has long been saturated. Now, entering the market requires a clear understanding of whether it's a tailwind or headwind. Multi-chain competition is essentially a contest for computing power efficiency; whoever has a more reasonable mechanism design will naturally attract capital.
Idle stablecoins are a waste. Why not take some out to participate in earning opportunities, with an APY of 5-20% waiting there. For example, the Monad ecosystem can generate no less than USD 1 in single-transaction profit through aggregation tools like Merkl, and this mechanism has already been tested. Imagine if the Solana ecosystem also launches a similar yield deployment channel? As multi-chain competition intensifies, each blockchain is vying for user liquidity. Wherever stablecoins flow, there are profit opportunities emerging. Instead of being forced to endure inflation erosion, it's better to actively participate.