24h Vol | $0.00 |
|---|---|
Liquidity | $401.92 |
Holders | 1.06K |
Age | 2 years |
FDV | $33.82K |
Market Cap | $48.4M |
Pooled USD+ | 216.51 | $217.93 |
Pooled BUSD | 190.08 | $189.98 |
| Pool | 0x0fe...1816 | |
| USD+ | 0xe80...ca65  | |
| BUSD | 0xe9e...7d56 |
USD+ to BUSD Converter
USD+
BUSD24h Vol | $0.00 |
|---|---|
Liquidity | $401.92 |
Holders | 1.06K |
Age | 2 years |
FDV | $33.82K |
Market Cap | $48.4M |
About 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.
USD+/BUSD Price Stats
The current price of USD+ (USD+/BUSD) on Cone Exchange is $0.999, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.00 with a total of 0 transactions. USD+/BUSD contract address is 0x0fe6cf7a2687c5bddf302c5ccea901ba0bf71816, with a Fully Diluted Valuation (FDV) of $33,567.89 and a liquidity pool of $401.92.
