slider1
slider2
slider3

USD+ (USD+)

$1.002USD
1.00000000 USD+
(+0.20 %)
Coin
Market Cap
$ 2,145,120
Volume 24h
$ 2,219,050
Circulating Supply
2,141,580
Total Supply
567,404
USD+ Chart
Description 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+ Price $1.002
Market Cap $ 2,145,120
Volume 24h $ 2,219,050
Circulating Supply 2,141,580
Total Supply 567,404
24h Change +0.20 %