Just saw that @TownSquarexyz is stirring things up again after their $100M USD1 token liquidity program last time – now collaborating with @native_fi to launch a $10M multi-asset yield vault on Monad. Assets like USD1, USDC, cbBTC, MON, wETH, and AUSD can all participate. Definitely a boost for the Monad ecosystem. What’s interesting is that this Vault is different from typical lending Vaults – it uses automated market-making/trading strategies. Previously, this kind of thing was only for institutional LPs, but now it’s been packaged into a Vault and opened up for regular users to join. Based on historical data, the annualized yield is around 6%, which is definitely higher than lending. Given the current market conditions, it’s all about preserving capital while earning some returns on the side. Looks like we’ll see more and more institutional-grade strategies being deployed on-chain in the future. The crypto market becoming like the U.S. stock market, and the U.S. stock market becoming more like Meme stocks – it’s not even a joke anymore.