2025-12-21 12:26:01

Most USDe yield mechanisms operate on a passive basis, but there's a different approach emerging in the market. HLPe takes an alternative path by deploying USDe into perp liquidity pools to capture returns directly tied to actual trading volume activity. This USDe-backed liquidity vault, developed through collaboration between key builders in the space, offers a fresh take on yield generation. By supporting USDe-margined markets, HLPe connects stablecoin holders with active trading demand, creating a more dynamic earning model than traditional passive yield strategies. The mechanism essentially converts idle USDe into productive liquidity while maintaining exposure to real market flows.

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DuckFluff

· 3h ago

It sounds like using idle money for real, no longer just letting it lie around. --- The logic behind HLPe is actually to give stablecoins something to do, which is much more appealing than just passive income. --- A permanent liquidity pool directly connecting to volume? This idea really has some merit. --- Connecting trading demand and stablecoin holders, in simple terms, it's about pairing the needs of both sides. --- Rather than letting USDe sit idle, it might be better to take a chance; active income still sounds tempting. --- Before it was all about passive earnings, but now there’s finally a way to take proactive action. --- The exposure of real market liquidity... this sounds like both risk and return have increased. --- The question is how secure HLPe is, after all, it's a new mechanism. --- Productive liquidity sounds like a good concept, but it depends on whether the actual returns can meet expectations. --- But then again, will this mechanism be exploited by Large Investors?

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SatoshiChallenger

· 3h ago

Another "revolutionary" liquidity solution, sounds similar to that "innovative margin mechanism" from Celsius last time. The combination of permanent pools + margin markets, has the risk model been audited or is it another gamble? Data shows that projects with similar structures have a liquidation rate of over 70% in bear markets, but this time it must be different, right? [冷笑] Ironically, the more a project emphasizes "productive liquidity," the quicker the liquidation. It's not me being difficult, true decentralized returns don’t need so many tricks. For those who dare to get into this, I suggest calculating your stop loss point in the worst-case scenario first. Which builders are involved in the "key builder cooperation"? Can the list be made public or is it another instance of mystical marketing?

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pvt_key_collector