AC: New algorithmic stablecoin can achieve an APR of over 200% when TVL is about US$10 million

Odaily Planet Daily News Sonic co-founder Andre Cronje (AC) disclosed more details about the algorithmic stablecoin project he had announced on X. When the TVL is $10 million, the annualized rate of return (APR) of the stablecoin can exceed 200%; when the TVL is $100 million, the APR is about 23.5%; when the TVL is more than $1 billion, the APR will stabilize at around 4.9%. AC finally said that he would form a team to fully release the project. Earlier, AC wrote on X last week that the team had made technical breakthroughs in the field of algorithmic stablecoins, but what happened in the previous cycle had left him with "post-traumatic stress disorder" (PTSD), and he was not sure whether he should implement this plan.