Paxos and $INJ : A Match Made in DeFi Heaven! š
#Paxos , the company behind USDL, has partnered with Injective to bring wUSDL to the Injective ecosystem! š¤š
What's wUSDL? It's a yield-bearing stablecoin that's backed by treasury bills. š So, what's the big deal? š¤·š Well, wUSDL offers a 4.7% annual yield! That's much higher than most other stablecoins. š¤Æ
Plus, it's easy to convert back to USDL. You can do it on #Ethereum .
And there's even more good news! šš¦ Upbit, š°š· South Korea's largest exchange, is listing #INJ ! This could be a big boost for Injective. š„š
So, are you excited about wUSDL and INJ? Let us know in the comments! š DYOR! #Altcoins