Mantle Expands RWA Yield Business into DeFi with Non-Custodial Stablecoin Vault
Mantle has expanded its real-world asset yield business into DeFi with a non-custodial stablecoin vault. The product, available through Fluxion, combines infrastructure from CIAN and Grove to give stablecoin holders direct access to an on-chain yield strategy.
The new vault allows users to deposit USDC or USDT0 while keeping control of their assets, removing the need for a centralized custodian.
Mantle's launch materials list a target APY of up to 6.5%, alongside token and point incentives. The campaign includes Fluxion Points and 5.14 million GROVE tokens, adding promotional rewards above the return generated by the underlying strategy.