Just saw @lista_dao and @usdx_money announce their partnership. In the Lista DAO protocol, sUSDX can be used as collateral to borrow LISUSD, allowing you to receive airdrop rewards from both Lista DAO and USDX.
USDX is also a stablecoin protocol that just secured $45 million in funding, with a valuation of $275 million, backed by top institutions such as Dragonfly Capital, Jeneration Capital, NGC, BAI Capital, Generative Ventures, and UOB Venture Management.
Essentially similar to Ethena, it is a stablecoin protocol with a delta-neutral strategy, but its advantage lies in a broader asset portfolio. Through multi-currency hedging, USDX has achieved an annualized high return of 37%. Interested friends can pay attention; this yield is already quite amazing.
However, on-chain activities still need to pay attention to safety, and one should never blindly chase high returns while ignoring risks.