Monad boosts weekly incentives to $75K for Agora's AUSD stablecoin liquidity on its network

Monad has increased its weekly incentives to $75,000 to support liquidity for Agora's AUSD stablecoin on its blockchain. AUSD is a US dollar-backed stablecoin managed by VanEck, with reserves in cash and US Treasury bills. This move follows Monad's recent $15 million incentive launch alongside Aave V3 deployment, which attracted $75 million in deposits within 24 hours. The incentives aim to strengthen Monad's position as a high-performance DeFi platform, but future liquidity retention after incentives end remains uncertain.