Recently, the cryptocurrency market has been volatile, and many people are thinking about how to preserve their capital while still earning some returns during a bear market. Today, I will provide a detailed introduction to the various earning schemes of USDD, ranging from conservative to aggressive, and from simple to complex; there’s always one that suits you.
First, let's talk about the most basic gameplay: staking USDD to mint sUSDD. This operation is very simple; you only need to click a few times on the USDD official website to stake your USDD into sUSDD, and then it will automatically start earning returns. Currently, the base APY for sUSDD is about 12%. Where does this yield come from? It mainly comes from the USDD protocol's Smart Allocator. To put it simply, the protocol invests the USDD staked by users into DeFi protocols like Aave, JustLend, and Spark, earning returns through lending and liquidity mining, which are then distributed to sUSDD holders. This process is fully on-chain, transparent, and auditable; you can check the investment situation and accumulated profits of the Smart Allocator on the official website at any time.
What are the benefits of sUSDD? First, the yields are automatically compounded, and you do not need to operate manually; the system will automatically reinvest the yields for compound interest. Secondly, sUSDD supports flexible deposits and withdrawals without a lock-up period, you can exchange sUSDD back to USDD whenever you want to exit. Finally, sUSDD itself can also be used in other DeFi protocols, such as collateral for borrowing or providing liquidity mining to maximize earnings. Currently, sUSDD can be used on both Ethereum and BNB Chain, and multi-chain deployment gives users more options.
If you want higher returns, you cannot miss the liquidity mining on PancakeSwap. Currently, there are two USDD-related liquidity pools on PancakeSwap: USDD-USDT and sUSDD-USDT. The APY of the USDD-USDT pool is about 13%, while the APY of the sUSDD-USDT pool can exceed 28%. Why is the yield of the sUSDD-USDT pool so high? Because it not only has the trading fee sharing from PancakeSwap itself but also additional rewards provided by the Merkl platform. Merkl is a liquidity mining aggregation platform that regularly distributes USDD rewards to LP providers, with the current activity reward pool exceeding $125,000.
The primary risk of providing liquidity mining is impermanent loss, but since both USDD and sUSDD are stablecoins pegged to the US dollar, price fluctuations are minimal, making impermanent loss virtually negligible. The only thing to note is that the value of sUSDD will slowly rise as yields accumulate (for example, 1 sUSDD may be worth 1.02 USDD), but this increase is one-way and predictable, and there will not be sudden large fluctuations. Therefore, compared to LPs of other tokens, the liquidity mining risk of USDD-sUSDD is much lower, while the returns are quite considerable.
For conservative investors, I recommend these two platforms: HTX Earn and JustLend DAO. HTX Earn offers a 10% APY USDD wealth management that is very easy to operate, just like depositing a fixed-term deposit in a bank; you can earn stable returns by depositing USDD. HTX is an established centralized exchange, and the platform itself is quite reliable, suitable for users who do not want to deal with DeFi. JustLend DAO, on the other hand, is a decentralized lending protocol that also offers around 10% APY for depositing USDD. JustLend's advantage is that it is entirely decentralized, requiring no trust in any intermediaries, and your assets are completely controlled by smart contracts, which aligns more with the spirit of cryptocurrency.
The hottest USDD yield plan recently is the Yield+ activity of Binance Wallet. The gameplay of this event is: you participate in the Yield+ USDT-USDD-sUSDD strategy using USDT, and the system will automatically convert your USDT into USDD, then stake it into sUSDD to earn rewards. During the event, in addition to a 12% basic yield on sUSDD, there are also additional reward distributions, and the total APY can reach 25.82%. The event has a total reward pool of 300,000 USDD, distributing 10,000 USDD daily, allocated according to the share of participating users. The minimum participation threshold is only 100 USDT, and there is no TVL limit, suitable for investors of all sizes.
Why is this event so appealing? First, an APY of 25.82% is considered very high among stablecoins, and it’s stablecoin to stablecoin, so the risk is very low. Secondly, participating through Binance Wallet, the entire process is very smooth, with no need to cross-chain, exchange, or stake manually; it's done with one click. Lastly, the event has a time limit; the earlier you participate, the more you enjoy, and if you delay, the rewards may be gone. If you have idle USDT, why not take out a portion to participate in this event? You can earn yields while understanding the USDD ecosystem.
In addition to these mainstream playstyles, USDD also has some advanced strategies suitable for DeFi veterans. For example, you can use sUSDD as collateral to borrow USDT or USDC on Aave or other lending protocols, and then invest the borrowed funds into other higher-yielding projects to achieve leveraged mining. Alternatively, you can participate in USDD's PSM arbitrage when the USDD price deviates from its peg, earning the difference through 1:1 exchange with USDT. These strategies require a certain level of technical knowledge and market sensitivity, but the potential returns are also higher.
To summarize, the USDD yield plans can be divided into several tiers:
Conservative type: HTX Earn or JustLend DAO deposits, 10% APY, easy to operate, low risk.
Steady type: Stake USDD to mint sUSDD, 12% APY, automatic compound interest, flexible deposits and withdrawals.
Aggressive type: PancakeSwap liquidity mining, 13%-28% APY, controllable risk, considerable returns.
Aggressive type: Binance Wallet Yield+ activity, 25.82% APY, limited-time high yield, requires timely participation.
Advanced type: Leveraged mining, PSM arbitrage, and other complex strategies, higher returns but require professional knowledge.
In this turbulent market period, it is very rare to find an investment target that is both safe and offers stable returns. USDD ensures the safety and stability of the stablecoin through designs such as over-collateralization, multiple audits, and the PSM mechanism. At the same time, with the investment strategies of Smart Allocator and various DeFi integrations, it provides users with a wealth of yield options. Whether you are conservative or aggressive, whether you prefer centralized or decentralized, USDD can meet your needs. If you are still worried about asset allocation, you might as well try the various yield plans of @USDD - Decentralized USD and believe that #USDD以稳见信 will bring you surprises.
