24h Vol | $1.2362 |
---|---|
Liquidity | $54.91 |
Holders | 60.46K |
Age | 1 year |
FDV | $8.8M |
Market Cap | $8.8M |
About USD+ (USD+)
USD+ is a stablecoin fully collateralized by USDC, DAI, and USDT, providing 8-12% APY with daily payouts on Arbitrum, Base, Optimism, and other networks. Purpose: USD+ is designed to offer a stable value pegged to the US dollar, making it ideal for mitigating cryptocurrency volatility. Key Features: Transparency and Security: Daily attestations of reserves by independent third parties ensure trust and reliability. Multi-Chain Support: Available on Artbitrum, Base, Optimism, Linea, Blast, zkSync providing easy access across different blockchain ecosystems. Yield Generation: Offers returns on holdings through a yield-generating feature backed by a portfolio of stablecoins. Utility: Global Payments: Enables efficient, low-cost transactions for businesses and individuals. Market Adoption: Significant circulating supply and daily trading volume demonstrate robust adoption and liquidity. Rebase Mechanism: Rebase Token: USD+ is an ERC20 token, fully collateralized with assets convertible into USDC, with daily rebasing for profit payouts. Profit and Loss: Positive rebase when collateral value exceeds 100% and negative rebase when it falls below 100%. Pegging Mechanism: 'NAV of 1' Policy: Ensures market value of assets equals the amount of USD+ in circulation. Conservative Risk Management: Diversified portfolio of conservative DeFi investments. Daily Profit Distribution: Yield distributed to holders by increasing wallet balances daily. Liquidity Index: Reflects the ratio of issued USD+ tokens to asset volume in strategies. USD+ combines stability, utility, security, and yield generation, making it a noteworthy digital currency. Thorough research is essential to understand the associated risks and benefits.
Other Pools Trading USD+ (USD+)
USD+/WETH Price Stats
The current price of USD+ (USD+/WETH) on Velocimeter (Base) is $1.0014, the price is up 0.88% in the last 24 hours. Its 24-hour trading volume is reported to be at $1.2362 with a total of 5 transactions. USD+/WETH contract address is 0x433b5fb936fe8fa77fa94f2a1c5f70dd3237b1d3, with a Fully Diluted Valuation (FDV) of $8.83M and a liquidity pool of $54.91.