StandX officially upgrades the Maker Uptime Program to SIP-5A: Community Maker Yield, with the market-making playbook being essentially revamped.

My understanding is that the most tangible change in this update is that the "rewards structure" has changed:
· Daily distribution of DUSD—real, stablecoin yield, not a points-based fantasy
· Adds StandX platform token rewards on top, creating a two-layer structure
· Low participation threshold: simply provide liquidity by placing both buy and sell orders on the order book at the same time
· No fund locking required—capital can be moved at any time

The old plan’s rewards for June 2026 have been fully allocated. The existing Maker Hours and rewards automatically carry over to the new program, so old users don’t need to take any additional actions.

For market makers who’ve been tormented by funding-fee fluctuations in perpetual contract capital, getting stablecoin daily settlement plus token incentives offers much better value than just betting on the bid-ask spread. What really needs to be observed is what range SIP-5A’s DUSD daily compounding yield can stay in, and whether the platform token unlock schedule will dilute the actual returns.

#StandX #DeFi #Perpetuals