USDD and Pendle Phase 2 incentives launch, with rewards of 600,000 USD
On August 27, the decentralized stablecoin USDD announced the end of the first incentive campaign for the sUSDD market in collaboration with Pendle and the launch of the second incentive campaign. During the first phase, USDD provided over $300,000 in reward subsidies, with the Pendle sUSDD market reaching a maximum TVL of nearly $40 million, and the PT fixed income rate maintained overall at above 7%.The total value of the second phase rewards is $600,000, with the event running from August 27, 2026, to November 26, 2026, lasting 91 days. Users can connect their positions from the first phase to continue participating.