ME News reports that on May 28 (UTC+8), Anna Perenina, founder of stablecoin infrastructure Perena, tweeted that she is considering simplifying the USD* product architecture. The current plan is to restore USD* to an unlayered, full portfolio with an expected APY of approximately 10%. At the same time, USD*-P will be established as the primary fixed-income product, with an expected APY of 5–6%, backed by overcollateralization of more than 100% provided by USD*-J. Previously, after the team layered USD*, most users did not hold all layers simultaneously, leading to a decline in USD* yields. The team is now considering reverting to a single-structure model and seeking community feedback. (Source: Foresight News)
Perena Founder Considers Simplifying USD* Structure to a Single Portfolio
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Summary
On-chain news broke on May 28 (UTC+8) as Perena founder Anna Perenina announced plans to simplify the USD* product structure. The team aims to return USD* to a unified portfolio with an estimated 10% APY, while USD*-P will focus on fixed income at 5–6%, backed by USD*-J with over 100% collateral. This move follows weak blockchain adoption of the layered model and declining yields.
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