Mountain Protocol's USDM, the first permissionless yield-bearing stablecoin, is now live on Injective!
Users can earn yield while using USDM for trading, lending, and other DeFi activities.
USDM is bridged into Injective as wUSDM, reflecting the current price and yield. This eliminates the need for rebasing, and wUSDM will steadily increase by 5% annually, providing a consistent yield to users.
#MountainProtocol #USDM #Defi #ETH_ETFs_Trading_Today #injective $INJ