New York, NY, United States, 9th Mar 2023, King NewsWire – uYield, a new stablecoin staking platform, has announced its launch as a crypto currency exchange. The platform thrives to provide users an opportunity to make staking returns in a straightforward and simple manner.
Furthermore, uYield has been developed as a unique stablecoin interest trading platform that uses USDT as its core asset protocol based on Ethereum and TRON. The platform operates in accordance with the regulations of certain laws.
Currently supporting USDT (ERC20) based on Ethereum, USDT (BEP20) based on Binance and USDT (TRC20) based on TRON, uYield’s interest-generating network provides users with the company is facilitating users with the potential for innovative trading by utilizing probable currency holding data.
As an interest aggregator, uYield has opened up a liquidity protocol at the bottom layer to dynamically adjust transaction volume according to the rise and fall of miner’s fees.
uYield’s interest-bearing network is a smart contract applied on Ethereum, Binance and TRON, with its security audit done by Trail of Bits. The protocol obtains liquidity and currency holding data from various partnered third-party wallet apps, and is able to dynamically adjust transaction volumes across multiple DeFi contracts to ensure optimal miner fees consumption.
“uYield is excited to bring a new stablecoin staking platform to the market that provides users with a feasible and advanced way to gain more tokens while keeping their funds intact,” said Kate Yannis, CEO of uYield. “
Through the application of open financial and currency protocols based on blockchain technology, uYield provides an integrated and interoperable protocol matrix and a unified liquidity pool infrastructure to serve the open financial network.
About the Company – uYield Network
uYield Network is a decentralized asset protocol built on Ethereum and TRON that aims to provide users a stablecoin interest income with a significant return rate. By depositing tokens into the cooperative wallet App, users can periodically obtain interest without the need for active management.
For further details, please visit https://uyield-defi.com.
Organization: uYield Network
Contact Person: Kate Yannis
City: New York
Country: United States
Release Id: 0903232745
The post uYield Launches innovative Stablecoin Staking Platform appeared first on King Newswire.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Stocks Distinct journalist was involved in the writing and production of this article.