what's Staked USN?
Staked USN (SUSN) is a cryptocurrency token representing staked positions of USN, a USD-pegged stablecoin originally associated with the NEAR Protocol ecosystem. SUSN provides liquidity to holders while enabling staking rewards through compatible protocols, typically deployed on networks like Ethereum. It facilitates yield generation without locking underlying assets, integrating with DeFi platforms for trading and further composability.
sUSN reached $454k TVL via Noon tBTC Vault, offers 10% APY, with verifiable TBills/Fasanara reserves.
Reached $454,060 in TVL through the Noon tBTC Yield Vault strategy that mints and stakes sUSN.
Reserves are verifiable onchain and offchain, backed by TBills and Fasanara private credit.
New Morpho market for sUSN launched with 86% loan-to-value ratio, enabling up to 7x leverage with approximately 29.2% net annualized yield (based on 10.22% sUSN yield and 7% USDC borrow rate).
Noon Capital deposits $3,000 USDT incentives on Penpie Voting Market, offering vlPNP voters 21% APR for supporting the sUSN pool this epoch.
Routing sUSN through Equilibria boosts APY to 25% with full vePENDLE boost, offering 120x Noon Points multiplier for deposits in USN, sUSN, or Pendle LP/PT.
Noon Capital deposits $3,000 USDT incentives on Penpie Voting Market, offering vlPNP voters 31% APR for supporting sUSN pool this epoch.
Noon Capital deposits $3,000 USDT incentives on Penpie Voting Market, offering vlPNP voters 49% APR for supporting sUSN pool this epoch.
New voting pool launches on Penpie with 99% APR and $4,000 USDT rewards for vlPNP holders.
New leverage trading at 5x on Euler Finance and voting pool on Penpie offering 41% APR with $3,000 USDT incentives.
New staking pool launches on Penpie offering 48% APY in PENDLE rewards with 20-40x Noon Points multiplier.
Equilibria launches yield farming pools for USN and sUSN with boosted APY and exclusive rewards.