Metamask launches a new Stablecoin’s return feature on the governor star-news.press/wp

Metamask will allow users to earn a negative return by storing Stablecoins in their governor. The new feature is supported by AAVE. How does Stablecoin earn work?

On July 29, the encryption portfolio service Firing Stablecoin’s first product. Users can now start depositing Stablecoins “Stablecooin”.

According to the official advertisement At the account of X Crypto Wallet, users can use the Metamask Mobile app to deposit Stablecoins such as USDC (USDC), USDT (USDT) and Dai (Dai). Suppired by AAVE (AAVE), users will be able to deposit Stablecoins directly through AAVE via the mobile phone portfolio application.

This feature is currently working on Android devices and will be available to iOS users later this week. The feature of the user does not require stablecoins for any period of time. In addition, the full users are granted to self -fraud for their origins, as they are controlled directly through metamask.

How does Stablecoin win from metamask?

For users who already have an account related to the platform wallet, all they have to do is to deposit Stablecoins in the AAVE lending protocol from inside the wallet. Users will not bear any additional fees from the statute.

By depositing Stablecoins in AAVE lending protocol, users will then receive the so -called “Atokens”. This means that if the user initially deposited USDC, he will receive the same amount in Ausdc.

After receiving atoksens, the user can monitor the growth of the accumulated negative return from the invested jam through the feature of displaying the platform mobile applications called the variable reward rates.

As we mentioned earlier, users can withdraw their money at any time, because the distinctive symbols are not related to a period of imprisonment unlike most services. Atokens detained in the wallet is the amount of stablecoins from which the user can withdraw.

Recently, Binance and PayPal have unveiled Stablecoin Rewards on their platforms. The latest addition to Binance is RWUSD, which distinguishes US Treasury links and other RWAs that provide a return of 4.2 % April.

Meanwhile, the Pyusd (Pyusd) rewards allows those holders to accumulate rewards daily based on the amount of Stablecoins you hold with the applicable “Pyusd rewards”. As long as the user retains at least 1.0 Pyusd, it represents an opportunity to receive the negative return.