Saber UXD-USDC Liquidity Pool
At 23:00 UTC on January 19, Sunny users who deposit Saber UXD-USDC LP will begin earning SUNNY yield. Users can already start depositing Saber UXD-USDC LP on Sunny to start earning SUNNY rewards immediately when yields for UXD-USDC go live. To obtain Saber UXD-USDC LP, users can create Saber UXD-USDC LP on Saber. SBR yields are managed by Saber and is not yet live. But deposits will start earning SBR once SBR rewards are launched.
The Saber UXD-USDC pool is composed of UXD and USDC. UXD is an novel algorithmic stablecoin from UXD Protocol. Learn more about the mechanisms and risks of UXD on their website, as it is different from other stablecoins on Saber. USDC Circle’s USD stablecoin backed by audited deposits. For more information about these assets, see the Saber announcement about UXD.