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Polygon community explores deploying $1B in stablecoins for yield

  • The Polygon community is considering deploying over $1 billion in stablecoins on its bridge to generate yield.
  • The proposal aims to put idle reserves to work and potentially unlock millions in annual returns.
  • The funds would be deployed into ERC-4626 vaults tailored for each asset, with risk management provided by Allez Labs.
  • If approved, this initiative could boost the Polygon ecosystem and attract more users and developers.

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