Extending the Noble Point Points Program
Adi Ravi Raj
In March, we launched the Noble Points program alongside Noble Dollar (USDN).
USDN is a yield-bearing stablecoin, fully backed by short-term U.S. Treasury Bills, that gives developers and end users full control over the underlying yield.
Since launch, over 107M of USDN has been issued across 25K+ wallets, over $700K in yield has been paid out all while the boosted yield vault has delivered double digit APYs.
Today, we’re happy to announce that we’re extending the points program by one month!
What's changing?
The points program extension comes with higher rewards, such as:
2x points boost for the highest tier of 5-month deposits
5% extra points for all users on account of hitting 100M+ in USDN issuance
10% points boost if issuance crosses 250M
Composable yield
USDN pioneered ‘composable yield’, which refers to USDN's ability to accrue returns from short-term U.S. T Bills (currently 4.07%), distribute said yield cross-chain to integrators and give developers complete control over how that yield gets disbursed on their network.
For the first time, a network can permissionlessly integrate a stablecoin with full programmability around the streaming of yield to their users and other productive use cases.
With the upcoming launch of the Noble AppLayer, USDN will play a central role by injecting liquidity across a variety of stablecoin-centric applications like payments, swaps, lending, forex, and more.
We're extending the points campaign so more people can join before the AppLayer launches, where real yield from USDN issuance gets reinvested into applications, reducing costs and incentivising development - creating a flywheel that benefits everyone involved.
Want in? Deposit your USDN into the points vault and start earning points today!