MetaMask Introduces Stablecoin Yield Feature
MetaMask is rolling out a new way for users to earn passive income. The feature, called Stablecoin Earn, lets you make money by storing stablecoins in your wallet. It uses the Aave protocol to make this happen.
On July 29, MetaMask launched this feature. It’s simple: you keep your stablecoins in the wallet, and you earn interest. This is great for people who want to grow their crypto holdings without trading.
How does it work? When you deposit stablecoins, they’re lent out through Aave. In return, you get interest. It’s like a savings account, but for crypto.
Here are the key points:
- Store stablecoins in MetaMask
- Earn interest through Aave
- No need to trade or manage investments
This feature is a game-changer for crypto users. It makes it easy to earn passive income. If you’re interested, check out the MetaMask website for more details.
