Mantle has expanded its Mantle Vault product into decentralized finance, migrating from Bybit’s centralized platform to a fully onchain, non-custodial format on its native network. The product has already surpassed 200 million dollars in assets under management through Bybit. Users can now deposit USDC and USDT0 on Mantle to access variable yield generated by a strategy involving exposure to sUSDS from Sky Protocol, with no leverage. The expansion includes an incentive program of 5.14 million GROVE tokens, targeting annual yields of up to 6.5 percent.
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