@zdubs

Did an interview last wek with the co-founder of a decentralized yield-bearing stablecoin project that I’m very bullish on. Here’s the rundown: • It passes T-bill yields directly to stablecoin holders. • They’re launching a token solely for staking to earn revenue, not just another governance token. • Staking this token lets you claim fees from [redacted], which is backed by short-term T-bills. • Imagine Circle had a token where you earned a slice of their revenue—that’s the model. For example: • Staking [redacted] lets you claim [redacted] fees. • [Redacted] supply is fixed, while [redacted] grows, increasing fees. • If [redacted] grabs 1% of the market, $8 million in fees would go to stakers. At 5%, that’s $40 million, translating to $100k annually for 0.25% staked ownership. • Early minters of [redacted] will receive bonus rewards. I’ll dive deeper in the next Unstable Insights newsletter. P.S. The chart shows revenue potential for stablecoins.

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