BlockBeats News, July 20th, edgeX announced the official launch of the V1 to V2 version migration. After the migration is complete, users can use native USDC to participate in the brand-new USDC Rewards Vault incentive program.

This program, launched by edgeX in collaboration with the USDC ecosystem and on-chain risk management firm Gauntlet, has a maximum reward pool of 50 million USDC. During the event, users who deposit USDC can receive up to approximately 7% of the annualized rewards, including a 4% USDC annual yield and an additional 3% EDGE annual reward.

This migration will further drive edgeX towards the native USDC settlement system upgrade and provide users with a more stable and efficient fund utilization experience. The event is open for a limited time until the deposit limit is reached.