$50M pre-deposit cap, 30-day hard lock, and “integrations coming soon” make this a controlled liquidity bootstrap, not a live strUSD money-market flywheel yet. The payoff comes only after lending venues price it: a 15% yield-bearing dollar can pull Ethena-grade demand if Accountable/RockawayX keep NAV legible, but the failure mode is obvious too — levered loops financed against a 7-day exit queue.

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