USDD launches an 80,000 USDD dual-market lending incentive program on Morpho

SmartContractAuditor · 2026-03-11T04:26:39+00:00

Decentralized stablecoin USDD launches a borrowing incentive campaign on the Morpho lending protocol, with a total prize pool of 80,000 USDD, covering sUSDD/USDC and sUSDD/USDT markets, for a duration of 30 days. USDC borrowers will receive 30,000 USDD rewards with an APY cap of 2%; USDT borrowers will receive 50,000 USDD rewards with an APY cap of 1%. This initiative aims to enhance market liquidity and borrowing activity.

SmartContractAuditor

2026-03-11 04:26:39

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Odaily Planet Daily reports that on March 11, decentralized stablecoin USDD announced the launch of a new borrowing incentive campaign on the decentralized lending protocol Morpho. The total prize pool is 80,000 USDD, covering the sUSDD/USDC and sUSDD/USDT markets. The campaign lasts for 30 days, starting from March 11, 2026, at 8:00 AM (UTC+8).

The specific incentive distribution is as follows: USDC borrowers will be rewarded with 30,000 USDD, with an APY cap of 2%; USDT borrowers will be rewarded with 50,000 USDD, with an APY cap of 1%. Users can borrow the corresponding assets in the designated Morpho markets and earn additional subsidy income through the Merkl platform. The USDD team stated that this move aims to enhance liquidity depth and borrowing activity in the sUSDD-related markets, creating short-term enhanced earning opportunities for stablecoin holders.

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