Jet🐢🐝
29.4K posts


⚠️ CLARITY Act deal: No passive yield on stablecoins, only activity-based rewards!!
What does this mean? 👀
▪️ Passive yield = earning interest just for holding stablecoins is now banned in the US.
▪️ Activity-based rewards = stablecoins can only give rewards when you actively use them.
How “activity-based” rewards will actually work remains unclear, which leaves space for future regulatory discussions. 🙄
This move reflects pressure from the banking sector!
Until they decide what "activity-based rewards" means, this could: 👇
❌ Reduces incentives for holding stablecoins.
❌ Makes the U.S. less competitive vs. other countries.
❌ Hurts DeFi, apps, and innovation that rely on flexible yields.
❌ Could slow institutional adoption.
Stablecoins, such as $USDC, already crashed -18% today, after the announcement.
Crypto is here to empower users, not limit what you can do with your money. 💪

Zurich, Switzerland 🇨🇭 English


I'm pretty sure no one would have kept ADA locked in Liqwid if they knew how the DAO would vote on their NIGHT.
I hope this can still be fixed. If not, we've lost our biggest lending platform.
It is difficult to build trust, but you can lose it in a minute.
Liqwid@liqwidfinance
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@ManuelOnchain People looking for a 50 cent exit price now and I be been here since Daedalus testnet
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