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AC update calculation stable parameters: When TVL is 100 million US dollars, APY can reach 95.9%, and when it exceeds 1 billion US dollars, it can reach 19.18%

AC update calculation stable parameters: When TVL is 100 million US dollars, APY can reach 95.9%, and when it exceeds 1 billion US dollars, it can reach 19.18%

Bitget2025/03/24 14:09

Sonic co-founder Andre Cronje (AC) updated more information about his proposed algorithmic stablecoin project in X. AC stated that Sonic team member Yohaan has found a new method, under which the stablecoin can achieve 95.9% APY when the TVL is $100 million, and can achieve 19.18% APY when the TVL exceeds $1 billion.

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