通過投資基於收益的穩定劑來最大化利潤

如果用戶想最大限度地利潤，他們可以通過基於產量的穩定股蛋白最大化Stablecoins的價值。

If users want to maximize profits, they can maximize the value of stablecoins through yield-based stablecoins.

如果用戶想最大限度地利潤，他們可以通過基於產量的穩定股蛋白最大化Stablecoins的價值。

Currently, there are few stablecoins that can generate yield, and these stablecoins generate income through DeFi activities, derivative strategies, or RWA investments. According to Messari data, yield stablecoins account for 6% of the $240 billion market value of stablecoins.

當前，幾乎沒有穩定的穩定者可以產生收益，這些穩定的穩定者通過Defi活動，衍生策略或RWA投資產生收入。根據Messari數據，STABLECOINS的收益佔2400億美元的Stablecoins市場價值的6％。

As demand grows, JPMorgan believes that a 50% share is not out of reach.

隨著需求的增長，摩根大通認為，有50％的份額並非遙不可及。

Yield stablecoins are minted by depositing collateral into the protocol. The deposited funds are invested in yield strategies, and the yield is shared by the holders. This is like a traditional bank lending out deposited funds and sharing the interest with depositors, except that the interest on yield stablecoins is higher.

通過將抵押品存放到協議中，可以鑄造出stablecoins。存款資金投資於收益策略，持有人共享收益率。這就像一家傳統的銀行借出存款資金並與儲戶共享利息，只是收益率Stablecoins的利息更高。

Among the more well-known yield-bearing stablecoins are Ethena's USDe, Maker's sDAI, and Ondo's USDY.

在較知名的承重穩定劑中，有Ethena的USDE，Maker's Sdai和Ondo的Usdy。

Among the more well-known yield-bearing stablecoins are Ethena's USDe, Maker's sDAI, and Ondo's USDY.

在較知名的承重穩定劑中，有Ethena的USDE，Maker's Sdai和Ondo的Usdy。

Ethena maintains the value of its stablecoin and generates yield through delta-neutral hedging.

Ethena保持其穩定的價值，並通過Delta中性對沖產生產量。

USDe is minted by depositing the pledged ETH (stETH) into the Ethena protocol. Afterwards, the ETH position is hedged by shorting.

USDE是通過將已承諾的ETH（STETH）存入Ethena協議來鑄造的。之後，通過短路將ETH位置對沖。

In addition to the income from stETH (currently 2.76% annual interest rate), the positive funding rate for short selling will also generate income, and Ethena will distribute these income to users who pledge USDe in exchange for sUSDe (annual interest rate of 5%).

除了來自Steth的收入（目前為2.76％的年利率）外，短售的正籌資率還將產生收入，Ethena將向諾斯德（USDE）換取SUSDE的用戶分配這些收入（年利率為5％）。

Spark (sDAI)

火花（SDAI）

sDAI is generated by depositing DAI into Maker’s DAI Savings Rate (DSR) contract. The current annualized yield is 3.25%.

SDAI是通過將DAI存入Maker的DAI儲蓄率（DSR）合同而產生的。當前的年化收益率為3.25％。

The yield is accumulated through interest on the DSR (the interest rate is determined by MakerDAO). sDAI can also be traded or used in DeFi like other stablecoins.

收益率是通過DSR的利息積累的（利率由Makerdao確定）。 SDAI也可以像其他Stablecoins一樣在Defi中進行交易或使用。

Ondo Finance (USDY)

Ondo Finance（USDY）

Ondo issues USDY with USDC deposits. The deposited assets are used to purchase low-risk assets such as treasury bills (about 4-5% annual interest), and most of the interest is shared by USDY holders.

Ondo向USDC存款發行了USDY。存款資產用於購買低風險資產，例如國庫券（約4-5％的年利息），大多數利息由USDY持有人共享。

USDY's yield is set once a month and remains stable throughout the month. This month's annualized yield is 4.25%.

USDY的收益率每月設置一次，並且整個月保持穩定。本月的年化收益率為4.25％。

Note: USDY's yield is reflected in the token price, not the quantity. This is why USDY is always above $1.

注意：USDY的收益率反映在令牌價格中，而不是數量。這就是為什麼Usdy始終高於$ 1的原因。

BlackRock (BUIDL)

貝萊德（buidl）

The BUIDL stablecoin represents ownership in a tokenized money market fund (MMF) managed by BlackRock.

Buidl Stablecoin代表了由BlackRock管理的令牌化貨幣市場基金（MMF）的所有權。

The fund invests in cash and other instruments, such as short-term Treasury bills and repurchase agreements, and distributes interest to BUIDL holders.

該基金投資於現金和其他工具，例如短期國庫券和回購協議，並向Buidl持有人分配利息。

The fund's yield is calculated on a daily basis but is distributed to BUIDL holders on a monthly basis.

該基金的收益率每天計算，但每月分配給Buidl持有人。

5. Figure Markets (YLDS)

5。人物市場（YLDS）

YLDS is the first yield-generating stablecoin registered as a public security with the U.S. SEC.

YLDS是在美國SEC中註冊為公共安全的第一個產生產生的穩定穩定的。

Figure Markets generates returns by investing in the same securities held by prime MMFs, which are riskier than tokenized government-backed MMFs.

人物市場通過投資Prime MMFS持有的證券來產生回報，這些證券比政府支持的MMF風險更高。

YLDS offers an annual interest rate of 3.79%. Interest accrues daily and is paid monthly in USD or YLDS tokens.

YLDS的年利率為3.79％。利息每天累積，每月以美元或YLDS代幣支付。

6. Sky (USDS/sUSDS)

6。天空（USD/SUSD）

USDS is a renamed version of DAI and can be minted by depositing eligible assets through Sky Protocol.

USDS是更名的DAI版本，可以通過Sky Protocent存入合格的資產來鑄造。

It can be used in DeFi and can also earn income from Sky Protocol through the Sky Savings Rate (SSR) contract. sUSDS is issued based on USDS deposits with an annual interest rate of 4.5%.

它可以用於DEFI，還可以通過Sky儲蓄率（SSR）合同從Sky Protocal中獲得收入。 SUSDS是根據USDS存款發行的，年利率為4.5％。

Usually, the interest rate on sUSDS is lower than that on USDe, but the advantage of USDS is that it can be used in more DeFi protocols.

通常，SUSD的利率低於USDE的利率，但是USD的優點是它可以用於更偏見的協議中。

7.Usual（USD0）

7.（USD0）（USD0）

USD0 is fully backed by real-world assets (RWAs) such as Treasuries, and is minted by depositing USDC or eligible RWAs as collateral on the Usual platform.

USD0得到了現實世界中的資產（RWA）的支持，例如國庫，並通過將USDC或合格的RWAS作為固定平台上的抵押品進行鑄造。

Users can also stake USD0 on Curve to get USD0++ (annual interest rate of 0.08%). USD0++ can be used in DeFi, and the income is distributed in the form of USUAL tokens (annual interest rate of 13%).

用戶還可以在曲線上存儲USD0以獲取USD0 ++（年利率為0.08％）。 USD0 ++可以用於DEFI，收入以通常的代幣形式分配（年利率為13％）。

Note: To obtain USD0++ income, a 4-year pledge is required.

注意：要獲得USD0 ++收入，需要一項4年的承諾。

8. Mountain Protocol (USDM)

8。山協議（USDM）

Mountain Protocol generates yield by investing in short-term U.S. Treasury bonds, but USDM is specifically for non-U.S. users.

Mountain協議通過投資短期美國財政債券來產生收益，但USDM專門針對非美國用戶。

The proceeds from these U.S. Treasury bonds are distributed to USDM holders through a daily reconciliation system, so balances

這些美國財政債券的收益通過日常和解制度分配給USDM持有人，因此平衡