Mu Digital, a web3 platform that tokenizes Asian credit, has launched an “Infinite Ways to Earn” campaign to provide incentives for users who provide liquidity and participate in its suite of real-world asset RWA products backed by the vast Asian bond and private credit market.
How the Campaign Incentivizes On-Chain Asia Credit Adoption
The campaign serves as an onboarding funnel for individuals looking to adopt Asian credit on-chain. Participants earn Mu Digital’s Bullion points by taking action in accordance with the level of risk they are willing to take. For less sophisticated users, the easiest method to accumulate Bullions is to hold Mu’s core products, the Asia Dollar (AZND) (a stable-income token), and muBond, a risk premium token.
For more experienced users, they can also earn Bullion points by deploying their assets across the integrated decentralized finance (DeFi) strategies of partners like Curve, Accountable, and Lagoon within the Monad ecosystem. Users accumulate points over four-week periods, and based on the accrued points, are eligible to receive a proportionate allocation of a future Mu Digital governance token, establishing the connection between early participation and future ownership of the protocol.
The Campaign Targets a Critical DeFi Gap
The goal of this specific campaign is to help increase the current supply of decentralized finance (DeFi) by allowing users to access yield from Asia’s $20 Trillion Credit Market via on-chain solutions.
For many years, institutional grade yields have been exclusively available to a limited number of people based purely on geographical location as well as the amount of capital they had available to invest. The Ineffable ways to earn will become the growth engine for this campaign, helping to solve the more traditional issue of attracting ‘seed’ capital (liquidity) to build viable products, which will, in turn, generate real returns for users.
By focusing on Monad and the performance of that ecosystem, Mu Digital intends for its RWA products to become the foundational yield layer of the future generations of DeFi products.
