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Crypto

Cardano DeFi funds surge as Hoskinson teases $1 million event

Charles Hoskinson (찰스 호스킨슨) said he would hold a special event if deposits of RealF’s dollar-pegged stablecoin sUSDrf exceed $1 million. Interest has grown as funds have flowed quickly into a liquidity vault linked to Cardano-based DeFi service Strike Finance. Strike said its platform liquidity vaults exceeded $1 million and that $200,000 flowed into sUSDrf over the past 72 hours, while Cardano’s TVL stood at $62.77 million, down 0.21 percent in 24 hours.

Crypto

Does an XRP yield product need a long lockup? What is the net return after fees?

Questions have been raised over long deposit requirements and management fees for XRP yield products. An XRP analyst criticised locking up 50,000 XRP for six months, though the specific product was not identified. Several structures were cited, including managed accounts, system trading via separate managed accounts, Flare-based FXRP products and vaults, and Doppler Finance vaults. The article stresses comparing net returns after fees, withdrawal conditions and the sources and risks of yield.