Will be very curious to see how all the new stablecoins fare. Obv the larger the distribution they own the better chance they have of making it work PYUSD did incentives when they launched and then it died soon after since it wasn’t deeply embedded in LPs/token pairs
1/ Introducing Kamino's $CASH Growth Initiative, in collaboration with @phantom, @maplefinance, and @orca_so With up to $540K in monthly incentives, exclusively on Kamino, the $CASH Growth Initiative will reward $CASH users across lending, borrowing, and liquidity vaults More Info🧵
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