COINOTAG News reports that the RWA stablecoin initiative Usual has officially launched ETH0, marking a significant development in decentralized finance. The initial offering includes a limited release of 500 ETH available for investor participation.
ETH0 distinguishes itself by being fully collateralized on a 1:1 basis with Lido’s wstETH, ensuring robust backing and stability. The product delivers an attractive annual percentage yield (APY) exceeding 10%, coupled with full liquidity and the absence of any lock-up constraints, enhancing capital flexibility for stakeholders.
This innovative stablecoin is designed to surpass conventional staking and re-staking returns, providing market participants with an optimized yield strategy. By leveraging the underlying wstETH assets, ETH0 offers a compelling option for investors seeking enhanced performance within the evolving crypto asset landscape.