🚀 USDY Rewards: Win Big in Ondo & NAVI’s Sui DeFi Extravaganza! 🎉

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Ondo Finance and NAVI Protocol have joined forces to throw a USDY bash, rewarding you lovely lot for simply parking your USDY. From Feb 26th to March 12th, a juicy $35,000 prize pool awaits. Who doesn’t love free money? 🤑

USDY, Ondo’s brainchild, is a stablecoin with a twist—it’s linked to US Treasury yields. So, while you’re sipping your latte, your money is making friends with government bonds. The campaign aims to jazz up USDY’s liquidity and introduce more folks to the wild world of decentralized finance. 🚀

The $35,000 pot is split into two: the top 100 point-scorers snag $10,000, and 2,500 lucky ducks get a shot at the remaining $25,000 in a raffle. It’s like a lottery, but you don’t have to choose numbers or anything complicated. 🎉

Wanna boost your points? Trade Ondo’s real-world assets (because who doesn’t love a bit of RWA?) during the campaign. It’s all about showing how real-world value can shake hands with decentralized finance on the Sui Network. Accessibility and efficiency for the win! 🏆

Sui’s DeFi Party Continues with Real-World Assets as the Guest of Honor

As Sui’s DeFi ecosystem grows like a weed, it’s hit $1.3 billion in total value locked (TVL), with nearly $500 million in stable assets. Ondo Finance dropped a truth bomb on X, saying this growth means more than just speculating—it’s about using finance for actual stuff. Perfect for real-world assets to party hard. 🎈

USDY’s been busy making friends with platforms like Bucket Protocol, Turbos, Aftermath Finance, Cetus, and KriyaDEX. In the past 24 hours, USDY’s value has shot up by over 1%, and its market volume has exploded by more than 45%. Talk about a popularity contest winner! 📈

Ondo Finance gave a shoutout to NAVI Protocol, calling it the “it” platform for Ondo’s tokenized US Treasuries. NAVI’s not just a platform; it’s a cozy home for your Treasuries, offering all sorts of benefits like yield on idle balances and easy lending and borrowing. 🏠

“NAVI’s where it’s at for Ondo’s tokenized US Treasuries on Sui. It’s like the cool kid’s table in the cafeteria of DeFi.” 🍽️

NAVI Protocol’s Rise to the Top: It’s the Lending Platform Everyone’s Talking About

NAVI Protocol’s growth in 2024 was like a rocket launch—straight up by 2000%. It’s now one of the top lending protocols on non-EVM chains. With $750 million in TVL and nearly 900,000 unique users, NAVI’s the place to be. And with over $27.9 billion in deposits, it’s like the bank that throws a better party. 💸

NAVI’s integrated with more than 21 wallets and supports 17 asset liquidity pools, covering everything from stablecoins to BTCFi LSTs and Sui-native DeFi assets. It’s like the Swiss Army knife of lending platforms. 🛠️

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2025-02-26 18:38