Saturn has just launched a USD-pegged token called USDAT, with the core highlight being the direct on-chain integration of the annual dividend yield (about 11%) from Strategy STRC preferred shares. In other words, holders can enjoy this portion of the income on the blockchain.
The fundraising aspect is quite interesting. USDAT received a $500,000 seed round investment from YZi Labs, followed by Sora Ventures leading a $300,000 angel round. This lineup is quite solid, indicating that institutions have confidence in this project’s stablecoin solution.
This approach is actually exploring how to combine traditional financial returns with on-chain assets—bringing the dividend yield of preferred shares into the crypto ecosystem, providing a new income source for DeFi users. The entire design logic is still centered around USD stablecoins, representing a new attempt in the stablecoin track.
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ExpectationFarmer
· 7h ago
Does an 11% return sound a bit too good to be true? We need to see where the real risks of this thing lie.
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BTCWaveRider
· 7h ago
11% return sounds good, but the key is how this money is guaranteed... Traditional dividends moved onto the chain, isn't the risk coming along too?
Wait, isn't this just a stablecoin shell playing for yield? I feel a bit skeptical.
YZi and Sora teaming up for investment? Not bad, at least it's not a scam project.
What I really want to see is how this thing's liquidity is; 11% sounds great, but whether it can actually deliver remains to be seen.
Another US dollar token project... The space is already crowded, why choose this one?
Honestly, it's still about mixing traditional finance with on-chain assets, but the specific implementation details are all a mystery.
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BearMarketMonk
· 7h ago
An annualized rate of 11% sounds good, but it depends on whether the stablecoin itself can stay stable—that's the key.
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tx_pending_forever
· 7h ago
Another 11% return... This number sounds a bit suspicious. Can it really be sustainable?
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BasementAlchemist
· 7h ago
11% return? Sounds good, but I always feel like it's a bit too good to be true...
Moving traditional finance onto the blockchain, but what about the risks? Who will cover the losses?
They raised 800,000 in the angel round, this financing amount... hmm, okay, okay.
By the way, is the stability of this kind of token reliable, or is it just another new trick to cut leeks?
As long as the investors are optimistic, that's fine. Anyway, I need to wait six months before making a decision.
The idea of directly on-chain preferred stock dividends is interesting, but is STRC itself stable?
Another stablecoin track, this track is getting a bit crowded now.
Wait, is this yield fixed or floating? That detail is very important.
Honestly, I'm a bit tempted, but I don't dare to go all in.
Institutional investment is better than no trust at all.
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MidsommarWallet
· 7h ago
11% annualized yield sounds pretty attractive, but there's always a feeling that something's off about earning returns with stablecoins... Can traditional finance really seamlessly connect with the on-chain world?
Saturn has just launched a USD-pegged token called USDAT, with the core highlight being the direct on-chain integration of the annual dividend yield (about 11%) from Strategy STRC preferred shares. In other words, holders can enjoy this portion of the income on the blockchain.
The fundraising aspect is quite interesting. USDAT received a $500,000 seed round investment from YZi Labs, followed by Sora Ventures leading a $300,000 angel round. This lineup is quite solid, indicating that institutions have confidence in this project’s stablecoin solution.
This approach is actually exploring how to combine traditional financial returns with on-chain assets—bringing the dividend yield of preferred shares into the crypto ecosystem, providing a new income source for DeFi users. The entire design logic is still centered around USD stablecoins, representing a new attempt in the stablecoin track.