WallStreetBets Founder Endorses DiamondShell for Stablecoin Holders

Jamie Rogozinski, the founder of the WallStreetBets subreddit, has recommended the investment platform DiamondShell, which offers stablecoin holders an annual yield ranging from 14% to 29%.

PROTIP: if you’re sitting on cash (ie stables) during this market lul, I just learned that @Diamondshellweb pays out 14-29% APY — prolly the most competitive I’ve seen (so now I’m bullish their $DShell coin).https://t.co/vbOHu0oTaL

— wallstreetbets (@wallstreetbets) March 23, 2025

“Tip: if you’re holding cash (stables) during this market lull, DiamondShell pays 14–29% APY. It’s probably one of the most competitive rates I’ve encountered (so now I’m bullish on their DSHELL token),” Rogozinski stated.

DiamondShell is a platform for short-term investments in USDT, USDC, TUSD with yields up to 29% annually, depending on the chosen period.

Users can invest from $100 by connecting MetaMask or another wallet via the WalletConnect protocol on Ethereum, BNB Chain, and TRON networks.

“Initially, DiamondShell does not allow users to select specific deals for investment. Instead, a simple investment product with an expected yield range is offered,” states the project’s documentation.

After connecting a wallet, users can choose a term — two or four weeks, three months, and six months. The longer the investment contract, the higher the expected return. For investments over $1 million, users must undergo KYC/KYB procedures.

Profits are withdrawn to the connected wallet. Users can receive funds:

• at any time upon early termination of the investment contract. In this case, only the invested funds are returned;
• after the contract ends. The investor receives the invested funds and accrued interest.

According to DiamondShell’s white paper, the project generates profit as follows:

• DiamondShell partners with STATER Bank, which provides banking services to institutional clients and can invest in specific deals;
• the protocol allocates investments among existing pools, considering maturity, expected return, risk level, and other factors;
• DiamondShell secures investments with tokenized assets and uses multiple banks for crypto/fiat/crypto conversion.

DSHELL is DiamondShell’s native token, issued on the BNB Chain. Users can use it for voting in the DAO or increasing investment returns.

“By placing tokens on the platform, a user will receive a certain level that affects investment returns beyond what is specified in the contract. Additional profit is generated by redistributing part of the service fee,” states the white paper.

Additionally, tokens can be staked. The project team has created a reward pool of 100,000 DSHELL for early users with an expected average yield of 125% annually until June 30, 2026.

Earlier, ForkLog reported on the symbiosis of current AI and DeFi trends, as well as examined new features of financial applications and their impact on users and the industry.