💹TRUCK SAVING RATES (TSR)

TSR is a decentralized savings mechanism within ABSTruck Finance that allows users to earn interest on their USDP stablecoins.

Key Features

1. Interest Earnings:

   • Users stake/lock USDP to earn variable APY (e.g., 5-7%).

   • Interest is paid in USDP (compounded automatically).

2. Purpose:

   • Stabilizes USDP: Encourages holding when demand is low (maintains the $1 peg).

   • Alternative to Banks: Offers higher yields than traditional savings accounts.

3. Funding Source:

   • Primarily from stability fees (interest paid by borrowers who mint USDP).

   • Secondary: Protocol revenues (e.g., liquidation fees).

How It Works

1. Deposit: User locks 10,000 USDP in the TSR smart contract.

2. Earn: Gains 6% APY → 600 USDP/year (paid continuously).

3. Withdraw: Redeem 10,000 USDP + accrued interest anytime.