Update
UGLYCASH Updates on Growth and Yield Structure
UGLYCASH, a cryptocurrency project, has announced several updates aimed at improving user engagement and yield structures. The team has introduced a budget reduction strategy to avoid RSR (Reserve Shares) selling and has proposed a formula to achieve a three-month RSR holding period. Additionally, the team has discussed plans to eliminate RSR-funded incentives by launching an eUSD+ product with higher risk and yield, which would eliminate the need for RSR incentives. The team also highlighted the growth trajectory of UGLYCASH eUSD TVL, which has increased from zero to $15 million over the past 20 months, and projected future growth based on a 10% monthly growth rate.