+ 0.10 % $ 1.005
$0.998112 24H Range $1.009
Price $ 1.005
Volume $ 234,226.00
Volume / Market Cap 0.0112
Circulating Supply 20,728,409.38
Total Supply 20,728,409.38
Market Cap $ 20,833,032.00
Fully diluted market cap $ 20,833,032.00
USD+ (usd+) Price Chart
USD+ (usd+) Price Info
USD+ is a yield-generating stablecoin yielding 8-12% pa, via daily rebase. It is fully backed by a portfolio of liquid, yield generating, low-risk DeFi assets (mostly, lending protocols and stable-to-stable liquidity pools in a way that allows to (1) avoid losses and generate profit every day (2) mint and redeem USD+ against USDC instantly on request. USD+ is used for (1) liquidity management - temporary parking of spare stablecoin cash (2) AMM trading and (3) leveraged yield farming. USD+ brings the benefit of capital efficiency to stablecoin usage, i.e. extra yield on idle stablecoins and/or used in major protocols USD+ is currently on Polygon and expanding to other chains. We are going to market by establishing USD+ trading pairs at leading AMMs: (1) Stablecoin boosted pools on Balancer/Beethoven (2) ETH-USD+, Matic-USD+ on Quickswap/Uni V2, (3) potentially, Curve. The advantage USD+ has is our ability to maintain the peg without deploying our own capital - as USD+ can be minted/redeemed against USDC instantly, we are able to arbitrage our pools using flashloans, without our own capital, thus maintaining the peg.
News about USD+
CBDC Ban Proposed by Florida Governor Ron DeSantis in New Bill
Deaton Explains Potential Effects of Ripple’s Latest Filing in SEC Case
Who is the Mysterious Koyo Token Burning Billions of Shiba Inu?
Santiment Discloses 24.9T Shiba Inu Transferred To Personal Wallet
Is Edward Kim Leaving The Terra Classic Network?
BabyDoge Unveils First Official Play to Earn Game