Introducing a New Category of Stablecoin Yield from OpenTrade, Powered by Figment Staking and Custodied by Crypto.com Delivering ~15% APR on stablecoins powered by price-neutral staking Today, we’re bringing the power of staking to stablecoins, introducing a first-of-its-kind approach that blends staking rewards with hedging to help mitigate underlying token price volatility. Built on Figment’s battle-tested infrastructure and security-first mindset, this delivers exceptional yield opportunities with institutional peace of mind. Our first offering, OpenTrade Stablecoin Staking Yield Powered by Figment, targets an average ~15% APR on stablecoins (based on historical data and subject to market conditions). The product combines a dedicated Figment-run validator with OpenTrade’s institution-grade yield infrastructure. Crypto.com will serve as custodian and exchange, with SOL held in segregated accounts and subject to investor security interests. Designed for institutions, the product emphasizes safety over liveness—prioritizing security, custody, segregation, identified counterparties (available 24/7), and legal protections often unavailable in DeFi lending and DeFi marketplaces. As markets evolve and regulatory clarity grows, we’ll continue to expand responsibly. OpenTrade Stablecoin Staking Yield Powered by Figment is available now. https://lnkd.in/eDEBgBzN
OpenTrade introduces stablecoin staking yield with Figment and Crypto.com
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Huge kudos to whoever spearheaded this. The architecture behind this product is compelling, and it’s something I’m personally interested in exploring. What’s the recommended way for an individual participant to get started?