New Stablecoin Play: Saturn Raises $800,000, DeFi Innovation Behind 11% Yield

The stablecoin sector has new developments. According to the latest news, the stablecoin protocol USDat developer Saturn announced the completion of $800,000 in funding, led by YZi Labs and Sora Ventures, with participation from several angel investors in the crypto space. This financing reflects a new attempt by DeFi to bring institutional-grade credit onto the blockchain.

Funding Details and Investor Lineup

According to relevant information, the specific allocation of this round of funding is as follows:

  • YZi Labs invested $500,000
  • Sora Ventures led the angel round with $300,000
  • Other angel investors from the crypto field participated

This investor composition signals market optimism. YZi Labs and Sora Ventures are active in DeFi and innovative finance sectors; their participation indicates that innovative stablecoin solutions like USDat are gaining recognition from professional capital.

Project Innovation: Integration of Institutional Credit and On-Chain Assets

Dual Revenue Structure

The core innovation of the USDat protocol lies in its revenue model. According to official statements, the protocol’s income sources combine two elements:

  • Strategy’s perpetual preferred stock STRC tokens
  • U.S. Treasury bonds

This design aims to introduce traditional financial institutional credit products into the DeFi ecosystem. Simply put, it allows corporate credit from Strategy to circulate on the blockchain, while leveraging the stability of U.S. Treasury bonds to support the protocol’s reliability.

Target Yield

According to relevant information, USDat aims for a yield of over 11%. Compared to the low interest rate environment of traditional finance, this yield is particularly attractive to institutional and individual investors seeking high returns. This figure also demonstrates the yield advantage of DeFi markets over traditional finance.

Market Significance: New Fusion of DeFi and Traditional Finance

Institutional Credit Goes On-Chain

Saturn’s project represents an important trend: bringing institutional-grade corporate credit products onto the blockchain. Traditionally, such high-quality credit assets only circulated within the traditional financial system. Now, through DeFi protocols, these assets can be accessed and utilized globally, expanding capital liquidity.

Providing New Options for Corporate Treasuries

The project team explicitly states that the protocol offers a new model for corporate treasuries in decentralized finance. This means companies can manage and deploy funds directly via on-chain protocols without relying on traditional banks, providing a new option for enterprises seeking financial innovation.

Summary

Although Saturn’s $800,000 funding is not particularly large, its project direction is highly representative. USDat aims to combine institutional-grade financial products with DeFi, maintaining the stability of traditional finance (backed by U.S. Treasuries) while offering high yields (over 11%) enabled by blockchain. If successful, this approach could attract more institutional capital into the DeFi ecosystem. Future focus should be on the protocol’s actual launch progress and market acceptance of this hybrid stablecoin solution.

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