Allez Labs Unveils $70M Yield Strategy for Polygon Stablecoins
Allez Labs has introduced a bold proposal to revolutionize how Polygon’s stablecoin reserves are managed, potentially generating $70 million annually in yield. The pre-Polygon Improvement Proposal (PIP) outlines a strategy to turn the roughly $1.3 billion in stablecoins held in Polygon’s proof-of-stake (PoS) Portal bridge into active, yield-bearing assets. Currently, ... Read more
