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edgeX launches the V1 to V2 migration and, together with USDC and Gauntlet, introduces a 50 million USDC quota time-limited incentive program
PANews July 20 news: edgeX announced the official launch of the V1 to V2 version migration. After the migration is completed, users will be able to use native USDC to participate in a brand-new USDC Rewards Vault incentive program.
This program was launched by edgeX together with the USDC ecosystem and on-chain risk management firm Gauntlet. The maximum total rewards allocation is 50 million USDC. During the event, users who deposit USDC can earn approximately 7% in combined annualized rewards, including:
• 4% USDC annualized yield
• An additional 3% EDGE annualized reward
This migration will further drive edgeX’s upgrade toward a native USDC settlement system, and provide users with a more stable and efficient capital usage experience. The event is open for a limited time, until the deposit cap is reached.