通过投资基于收益的稳定剂来最大化利润

如果用户想最大限度地利润，他们可以通过基于产量的稳定股蛋白最大化Stablecoins的价值。

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

如果用户想最大限度地利润，他们可以通过基于产量的稳定股蛋白最大化Stablecoins的价值。

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.

当前，几乎没有稳定的稳定者可以产生收益，这些稳定的稳定者通过Defi活动，衍生策略或RWA投资产生收入。根据Messari数据，STABLECOINS的收益占2400亿美元的Stablecoins市场价值的6％。

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

随着需求的增长，摩根大通认为，有50％的份额并非遥不可及。

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.

通过将抵押品存放到协议中，可以铸造出stablecoins。存款资金投资于收益策略，持有人共享收益率。这就像一家传统的银行借出存款资金并与储户共享利息，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.

在较知名的承重稳定剂中，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.

在较知名的承重稳定剂中，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保持其稳定的价值，并通过Delta中性对冲产生产量。

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

USDE是通过将已承诺的ETH（STETH）存入Ethena协议来铸造的。之后，通过短路将ETH位置对冲。

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%).

除了来自Steth的收入（目前为2.76％的年利率）外，短售的正筹资率还将产生收入，Ethena将向诺斯德（USDE）换取SUSDE的用户分配这些收入（年利率为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是通过将DAI存入Maker的DAI储蓄率（DSR）合同而产生的。当前的年化收益率为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.

收益率是通过DSR的利息积累的（利率由Makerdao确定）。 SDAI也可以像其他Stablecoins一样在Defi中进行交易或使用。

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存款发行了USDY。存款资产用于购买低风险资产，例如国库券（约4-5％的年利息），大多数利息由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的收益率每月设置一次，并且整个月保持稳定。本月的年化收益率为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价格中，而不是数量。这就是为什么Usdy始终高于$ 1的原因。

BlackRock (BUIDL)

贝莱德（buidl）

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

Buidl Stablecoin代表了由BlackRock管理的令牌化货币市场基金（MMF）的所有权。

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

该基金投资于现金和其他工具，例如短期国库券和回购协议，并向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.

该基金的收益率每天计算，但每月分配给Buidl持有人。

5. Figure Markets (YLDS)

5。人物市场（YLDS）

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

YLDS是在美国SEC中注册为公共安全的第一个产生产生的稳定稳定的。

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

人物市场通过投资Prime MMFS持有的证券来产生回报，这些证券比政府支持的MMF风险更高。

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

YLDS的年利率为3.79％。利息每天累积，每月以美元或YLDS代币支付。

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，可以通过Sky Protocent存入合格的资产来铸造。

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%.

它可以用于DEFI，还可以通过Sky储蓄率（SSR）合同从Sky Protocal中获得收入。 SUSDS是根据USDS存款发行的，年利率为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的利率低于USDE的利率，但是USD的优点是它可以用于更偏见的协议中。

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得到了现实世界中的资产（RWA）的支持，例如国库，并通过将USDC或合格的RWAS作为固定平台上的抵押品进行铸造。

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%).

用户还可以在曲线上存储USD0以获取USD0 ++（年利率为0.08％）。 USD0 ++可以用于DEFI，收入以通常的代币形式分配（年利率为13％）。

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

注意：要获得USD0 ++收入，需要一项4年的承诺。

8. Mountain Protocol (USDM)

8。山协议（USDM）

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

Mountain协议通过投资短期美国财政债券来产生收益，但USDM专门针对非美国用户。

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

这些美国财政债券的收益通过日常和解制度分配给USDM持有人，因此平衡