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frxUSD liquidity pool new developments are here. The gold-backed stablecoin project pmUSD recently announced the establishment of a PegKeeper pairing with frxUSD, focusing on this reward sharing mechanism to accelerate liquidity growth.
Currently, the incentives have been launched, and it is said to achieve a return level of 200% APY. The underlying logic behind these stablecoin partnership pools is actually not complicated — both sides need liquidity to maintain price stability, and through incentives, they can attract funds and keep the peg mechanism running stably. For users interested in exploring the stablecoin ecosystem, this super high APY pool is definitely worth paying attention to.