INTRODUCING GAUNTLET REWARDS

Summary from the TLDR Crypto newsletter

Gauntlet has launched live USDC incentives on its USD Alpha vault (gtUSDa), which has grown to $5.7 million and currently yields 11.96% APY, with rewards streamed non-custodially via Sablier and claimable any time. The firm's USDC-denominated vaults now total $355 million – 3.4% of onchain USDC yield opportunities and 0.6% of circulating supply. Designed for institutional use cases like wallet earn programs, fund treasury optimization, and stablecoin merchant settlement, these incentives aim to balance attracting supply without fostering mercenary flows. Gauntlet plans to expand its strategy set in the coming weeks to capture a broader array of onchain yield opportunities.