2025-12-26 13:20:12

Projects in the crypto space are all desperately trying to grab attention—offering annualized returns of 50%, 100% or more, coupled with overwhelming news bombardments. One project takes a different approach, with minimal embellishments, giving users more choice. This idea is quite rare and worth pondering, especially if you're tired of sacrificing your judgment just to chase liquidity.

The concept isn't that complicated. Lock your assets—whether it's liquid tokens or tokenized real-world assets—and you can mint USDf, an over-collateralized synthetic stablecoin. The clever part is that you don't have to sell your holdings. Want liquidity? No need to cut your position and exit. This indeed opens up new possibilities for those who are optimistic about a certain asset but also need cash.

There are quite a few similar solutions in the market, but most projects either push ridiculously high yields to attract users or keep releasing press releases. This project's attitude is: understand the product logic and let users decide for themselves. This restraint makes it somewhat rare.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
5
Repost
Share

Comment

0/400

LiquidityHunter

· 5h ago

Over-collateralized stablecoin minting logic I have studied, and the liquidity depth data clearly shows who is serious about their work. Not cutting losses and still able to borrow liquidity really hits the market's pain point. But the key is whether the collateralization ratio is set reasonably, whether it's 150% or 200%, the difference is huge. I somewhat disagree with the statement about restraint; ultimately, it still depends on the TVL growth curve. Data does not lie. It's sufficiently scarce, but scarcity does not necessarily mean there is an opportunity. It depends on the depth of the trading pairs. The most intolerable are those who constantly shout about 100% annualized returns. I respect the attitude of this project this time.

View OriginalReply0

OfflineNewbie

· 5h ago

Can you cut losses and still trap liquidity? This idea is indeed refreshing, much more reliable than those projects that boast about annualized returns every day. Wait, is this stablecoin mechanism really safe? Over-collateralization also fears black swan events. It sounds good, but I'm just worried it's another scheme that looks restrained but secretly cuts the leeks. This is the proper attitude a legitimate product should have, it's too rare to see. But I still have to ask, are there really no hidden fees? Finally, a project that treats users as people, which has refreshed my perception of this circle.

View OriginalReply0

HashBard

· 5h ago

honestly this is just the "let users think for themselves" arc we've been waiting for... tired of projects screaming yields like carnival barkers ngl

Reply0

AlwaysMissingTops

· 5h ago

Not cutting losses to lock in liquidity is indeed interesting. But I still want to see how they set their over-collateralization ratio; otherwise, it might turn into a liquidation feast.

View OriginalReply0

AirdropDreamBreaker

· 5h ago

Lock-up minting schemes are quite common, but this time it's different—no more bragging, and instead it made me think a bit. It really attracted me, but I'm just worried it might be the same old project with a new coat of paint. Can you exchange for cash without selling? That logic is indeed innovative, but where are the risks? Finally, there's a project that doesn't rely on hype about yields. These days, that's very rare. A restrained attitude is actually more credible. All those others boasting 100% annualized returns? I don't believe any of them.

View OriginalReply0