River's First USDT Smart Vault Allocation of $10 Million Filled in 12 Hours, Annualized Yield Expected to Reach 40%

BlockBeats news, on September 11, River's chain-abstract stablecoin system opened its first USDT Smart Vault at 10 PM Beijing time on September 10, with an allocation of $10 million and an expected annualized yield of 40%. Within 30 minutes of opening, $6.7 million had been deposited, surpassing $9 million within an hour, and the full allocation was filled in 12 hours. The Smart Vault is based on the Omni-CDP mechanism, allowing users to deposit USDT and earn returns with one click. The system automatically mints satUSD and deposits it into the staking pool, integrating DeFi and CeDeFi strategies to provide users with sustainable and liquidation-free stable returns. Additionally, users receive River Pts as extra incentives. In the future, support for more assets like BTC and ETH will be gradually introduced, along with institutional-grade yield strategies. Over the past two months, River has accumulated over $600 million in TVL and more than $100 million in satUSD circulation. Its stablecoin ranking on DeFiLlama has risen to 27, and it has integrated protocols such as Pendle, Euler, and ListaDAO.