Base
Low Liquidity Pool
This pool has very low liquidity and prices may differ drastically. What is liquidity?
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DAI+
/
USDbC

DAI+ Price (DAI+)
$0.99540%/0.9927 USDbC
60,901.53MCAP

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



Score
47
24h Vol
$0
Liquidity
$26.03
Holders
7.8K
Audits
Age
2 years
FDV
$60.9K
Market Cap
$60.9K
24h TxnN/A
24h VolN/A
Net BuyN/A
Buy0
Sell0

DAI+/USDbC Price Stats

The current price of DAI+ (DAI+/USDbC) on Velocimeter (Base) is $0.9954, 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. DAI+/USDbC contract address is 0x42731e7774cf1b389fe2d9552bbdd6e4bb05e42b, with a Fully Diluted Valuation (FDV) of $60,901.53 and a liquidity pool of $26.03.