[Andre Cronje: Stablecoin Yield on Sonic Reaches 5.11%, DeFi Is Far from Its Peak] Andre Cronje stated on X that the stablecoin ftUSD launched by Flying Tulip currently offers an annualized yield of approximately 5.11% on USDC on the Sonic chain and about 5.27% on USDT on Ethereum. These yields are achieved without relying on platform token incentives, subsidies, 'points,' recursive lending, or leverage mechanisms. Additionally, there are no lock-up periods or exit queues, and the product supports instant redemption and liquidity. Cronje remarked that such 'pure yield' stablecoin products demonstrate that DeFi still has significant room for innovation and exploration.