sUSD Now Live on Raydium

The first token leveraging the new Token2022 interest-bearing extension!

We’re excited to announce that sUSD, the first Real-World Asset-backed synthetic stablecoin on Solana, is now available on Raydium! sUSD by @solayer_labs is the first token leveraging the new token2022 standard with an interest-bearing extension, providing users with an innovative stablecoin solution that combines real-world asset backing with on-chain accessibility.

Why sUSD?

sUSD is designed to bring a new level of liquidity and stability to the Solana ecosystem, supported by a pool of real-world assets, starting with a basket of T-bills.

sUSD represents a groundbreaking shift towards a more resilient and diversified financial infrastructure on Solana.

Our unique approach to stablecoin issuance allows sUSD to reflect real yield, creating a robust and sustainable alternative for the DeFi community.

Trading and Incentives: sUSD-USDC Pool on Raydium

As part of our launch, we’re offering exclusive trading and liquidity opportunities on Raydium:

• Swap: You can now swap USDC for sUSD on Raydium at the ultra-low 0.01% fee tier.

• Liquidity Pool: Add liquidity to the sUSD-USDC pool on Raydium to earn rewards.

• Incentives: We’re incentivizing liquidity providers with 6,000/wk sUSD to the reward pool (for a limited time only)

  
  

How to Get Started

1. Swap USDC for sUSD: Swap now on Raydium.

2. Add Liquidity to the Pool: Deposit in the sUSD-USDC pool and start earning.

3. Earn Rewards: Early depositors are eligible for a share of the reward pool, distributed weekly (6,000/wk sUSD for a limited time only).

With this listing on Raydium, Solayer is excited to contribute to the evolving Solana DeFi landscape. 

Join us in this journey and take advantage of the first-ever token2022 interest-bearing stablecoin on Solana.

Don't forget to check the tutorial.