24h Vol | $0.3306 |
|---|---|
Liquidity | $25.95 |
Holders | 7.72K |
Age | 1 year |
FDV | $63.14K |
Market Cap | $63.14K |
Pooled DAI+ | 12.31 | $12.71 |
Pooled USDbC | 13.2 | $13.16 |
| Pool | 0x427...e42b | |
| DAI+ | 0x65a...9275  | |
| USDbC | 0xd9a...b6ca |
DAI+ to USDbC Converter
24h Vol | $0.3306 |
|---|---|
Liquidity | $25.95 |
Holders | 7.72K |
Age | 1 year |
FDV | $63.14K |
Market Cap | $63.14K |
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+/USDbC Price Stats
The current price of DAI+ (DAI+/USDbC) on Velocimeter (Base) is $0.9969, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.3306 with a total of 1 transactions. DAI+/USDbC contract address is 0x42731e7774cf1b389fe2d9552bbdd6e4bb05e42b, with a Fully Diluted Valuation (FDV) of $60,992.78 and a liquidity pool of $25.95.
