Sperax USD usds
-0.13 % $ 0.999328
$0.992782 24H Range $1.069
Market Data
Price $ 0.999328
Volume $ 303,009.00
Volume / Market Cap 0.1027
Supply
Circulating Supply 2,954,215.17
Total Supply 2,954,215.17
Valuation
Market Cap $ 2,949,233.00
Sperax USD (usds) Price Chart
Sperax USD (usds) Price Info
Timeframe Price Change(%)
1h 0.01%
24h -0.13%
7d -0.42%
14d 0.22%
30d -9.84%
1y 0.00%
USDs is a hybrid of crypto-collateralized and algorithmic stablecoins. It is highly scalable, trustless, and will be completely decentralized after the launch of the governance protocols. - SPA will be central to the stability mechanism of USDs, which is fully on-chain. - USDs will further invest its collateral in other audited decentralised projects like Curve to generate yields and will pass on that yield to holders of USDs. - USDs holders (HODLers) would directly earn the yield in their wallets. USDs acts as a low cost efficient and relatively less risky was to benefit from DeFi. USDs will be launched on Arbitrum and we eventually build a system of interoperability to facilitate USDs on other major blockchains.
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