BlockBeats News, April 29th, the Solana-based DeFi project Kamino officially announced the launch of an incentive program for Circle's Euro-backed stablecoin EURC, where users can receive a total of 100,000 EURC rewards per month by participating in the lending market.
BlockBeats previously reported that according to RWA.xyz data, the supply of EURC has grown by 43% in the past month, reaching 217 million tokens, valued at $246 million. Most EURC tokens are circulating on the Ethereum network, with a 35% growth in the past month to reach 112 million tokens. The EURC supply on the Solana network has grown the fastest, with a 75% increase in the past month to reach 70 million tokens. The EURC supply on Base has reached 30 million tokens.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.