Algorand Surges as Foundation Incentivizes DeFi Activity on Algofi

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From January, users of Algofi will algorithmically make ALGO benefits when they provide and obtain ALGO and the dollar-pegged stablecoins AlgoStable (STBL) and USD Coin (USDC). Tokens will likewise be rewarded to users of goBTC and goETH, representations of bitcoin (BTC) and ether (ETH) on the Algorand network, respectively, if they stake the properties on AlgoFi.


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