24h Vol | $0.04388 |
|---|---|
Liquidity | $41.35 |
Holders | 7.72K |
Age | 1 year |
FDV | $61.04K |
Market Cap | $61.04K |
Pooled DAI+ | 20.95 | $20.90 |
Pooled USD+ | 20.91 | $20.90 |
| Pool | 0xb71...a947 | |
| DAI+ | 0x65a...9275  | |
| USD+ | 0xb79...4376 |
DAI+ to USD+ Converter
DAI+
USD+24h Vol | $0.04388 |
|---|---|
Liquidity | $41.35 |
Holders | 7.72K |
Age | 1 year |
FDV | $61.04K |
Market Cap | $61.04K |
About DAI+ (DAI+)
Overnight Finance is an asset management protocol offering passive yield products based on delta-neutral strategies, primarily for conservative stablecoin investors. DAI+ 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 DAI+ against DAI instantly on request. The advantage DAI+ has is our ability to maintain the peg without deploying own capital - as DAI+ can be minted/redeemed against DAI instantly, we are able to arbitrage our pools using flashloans, without own capital, thus maintaining the peg. DAI+ is the equivalent of USD+, pegged to DAI 1:1. DAI+ consist of aDAI (Aave) and USD+. It has been designed for boosted pools (Balancer and Beethoven) on Optimism. It cannot be minted separately
DAI+/USD+ Price Stats
The current price of DAI+ (DAI+/USD+) on Synthswap is $0.9977, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.04388 with a total of 1 transactions. DAI+/USD+ contract address is 0xb71dec1ae87a174429a367318082c13b7512a947, with a Fully Diluted Valuation (FDV) of $61,042.36 and a liquidity pool of $41.35.
