USD+

USD+Copy token address/USDC

This pair has very little liquidity

Price USD
$1.00
Price
1.0000 USDC
Liquidity
$275
FDV
$5.6M
Mkt Cap
$61.7M
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Txns4
Volume$35
Makers
2
Buys2
Sells2
Buy Vol$16
Sell Vol$19
Buyers1
Sellers2
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Pair created1y 3mo 5d ago
Pooled USD+129.82$129
Pooled USDC145.40$145
Pair
LPsEXP
USD+
HLDEXP
USDC
HLDEXP
Go+ Security
1 issue
Quick Intel
1 issue
Token Sniffer
0/100
Warning! Audits may not be 100% accurate! More.
USD+
USD+

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.