@EchelonMarket@initia $ELON Position Holders on Echelon were recently included in a snapshot for our Summer Rewards Distribution!
Check your allocation below:
https://t.co/dZLQISjPBu
The future of onchain trading is here.
Congrats to @DecibelTrade on launching - bringing CEX speed with DEX transparency to @Aptos. Excited to be building alongside you.
More to come soon 🔊
USD1 fundamentals
USD1 is a stablecoin redeemable on a 1:1 basis for the U.S. Dollar.
USD1 is 100% backed, primarily by U.S. government money market funds and cash equivalents.
iUSD crossed $1,000,000+ in total supply on Echelon.
iUSD is @initia’s native stablecoin and now the largest asset on Echelon Initia by supply.
Supply APR: 14.81%
Borrow against INIT and esINIT: -489%
Supply iUSD today ↓
https://t.co/WTSPT1XJM7
@EchelonMarket@initia $ELON Position Holders on Echelon were recently included in a snapshot for our Summer Rewards Distribution.
🔗 Check your allocation below:
https://t.co/dZLQISjPBu
Ecosystem spotlight: @DecibelTrade
Decibel is building fully on-chain perps on @Aptos.
This spotlight covers what Decibel is enabling today, and hints at how it plugs into the Echelon stack 👀 ↓
iUSD is live on Echelon
The newly launched native @initia stablecoin is now available for supply and borrowing.
We're allocating $25k in iUSD incentives to suppliers and borrowers.
Campaign includes vesting rewards 🧵
USD1 szn is here 🦅 ☝️
USD1 activity on Echelon continues to accelerate across supply, borrowing, and looped strategies, positioning it as a core asset within the protocol.
Here’s how USD1 is being used across Echelon today ↓
@EchelonMarket@initia $ELON Position Holders on Echelon were recently included in a snapshot for our Summer drop Distribution.
Check your aIlocation below:
https://t.co/dZLQISjPBu
. @ethena has been a core partner of Echelon, and this alignment with sENA holders is a natural next step.
Looking forward to continuing our work together across yield and fixed-rate products.
Introducing ELON
Launching Feb 2, ELON aligns long-term incentives across the protocol, with ELON enabling governance participation and directing emissions across markets.
Tokenomics and airdrop details ↓
Ethena sUSDe joins Echelon’s Fixed Yield product as a Day 1 launch partner.
Users can lock in fixed rates with PT-sUSDe, speculate on yields with YTs, and use PTs in lending as collateral to access leveraged yield strategies.
All PTs and YTs will earn @ethena Sats incentives.
Stay tuned for the launch.
Road to TGE - Partner Spotlight #8: Echo
Featuring @EchoProtocol_, a Bitcoin liquidity and yield infrastructure layer.
Echo unifies native BTC, BTC LSTs, and wrapped BTC into a single asset, enabling BTCFi strategies across the Move ecosystem.
Final partner. Participate ↓
Road to TGE - Partner Spotlight #6: Kofi
Introducing @kofi_finance, a liquid staking protocol on Aptos.
KoFi offers boosted staking via a dual-token model with kAPT and stkAPT, layering additional yield on top of base APT staking rewards and full composability.
Participate ↓
Road to TGE - Partner Spotlight #7: Panora
Featuring @PanoraExchange, an all-in-one trading app on Aptos.
Panora aggregates on-chain liquidity for swaps, limit orders, DCA, and bridges, delivering best-rate execution via advanced routing in a single interface.
Participate ↓
Road to TGE - Partner Spotlight #5: Amnis
Joining the Road to TGE is @AmnisFinance, a liquid staking protocol on @Aptos.
Amnis lets users stake APT and receive liquid staking tokens that can be used across DeFi while continuing to earn staking rewards.
In addition to Echelon rewards, Amnis will add 10 Devotee NFTs, with 1,000 AMI allocated to each NFT.
Amnis will select 10 winners and distribute 1 Devotee NFT per winner directly to the selected wallets
Participate now ↓