#加密市场回调 uaual says USYC institutional fund, you commit your 1.2 billion USDY, and when you have time, put it into my UAUAL protocol to MINT the USDO stablecoin I issued, and I will provide a 1:1 collateral minting. So the first way of USDO is to possibly mint by collateralizing USDY. The second way is that retail investors in the cryptocurrency space can take their USDC to the protocol to mint USDO, and then use USDO to stake (staking period of 4 years), turning USDO into USDO++. Holding USDO++ will give you USUAL governance token dividends. USDY has not actually been truly MINTed into USDO, but rather the USUAL protocol has created 1.2 billion USDO (USDY also has a management scale of 1.2 billion U) out of thin air, and then retail investors take USDC to SWAP for the air USDO, and then take the air USDO obtained from the SWAP to get USDC, which they exchange for USDY at the USDY official. This is the chicken-and-egg borrowing model. The USUAL protocol guarantees a 3% annual return. 1.2 billion * 3% = 36 million U/year. $BTC