scUSD/wS
Rings is the meta-stable protocol of Sonic chain. It is the main bridge for Ethereum Mainnet stablecoins and ETH derivatives token holders to start earning yield on Sonic. Bridge ETH & Stablecoin from Mainnet to Sonic, Mint scETH and scUSD, stake it for stkETH and stkUSD to make it yield bearing, or lock it for veETH and veUSD to access governance power. When minting scUSD and scETH, users deposit their initial into Veda Vaults which then reallocate the backing toward yield bearing strategies. The yield generated is then redistributed across eligible Sonic dApps and the distribution is controlled by the veUSD gauge tokenomic.
Score | |
|---|---|
24h Vol | $2.52 |
Liquidity | $35.26 |
Holders | 9.5K |
Audits | |
Age | 1 year |
FDV | $777.5K |
Market Cap | $1.9M |
| Addresses | |
|---|---|
| Pool | |
| scUSD |  |
| wS | |
scUSD to wS Converter
Score | |
|---|---|
24h Vol | $2.52 |
Liquidity | $35.26 |
Holders | 9.5K |
Audits | |
Age | 1 year |
FDV | $777.5K |
Market Cap | $1.9M |
About Sonic USD (scUSD)
Rings is the meta-stable protocol of Sonic chain. It is the main bridge for Ethereum Mainnet stablecoins and ETH derivatives token holders to start earning yield on Sonic. Bridge ETH & Stablecoin from Mainnet to Sonic, Mint scETH and scUSD, stake it for stkETH and stkUSD to make it yield bearing, or lock it for veETH and veUSD to access governance power. When minting scUSD and scETH, users deposit their initial into Veda Vaults which then reallocate the backing toward yield bearing strategies. The yield generated is then redistributed across eligible Sonic dApps and the distribution is controlled by the veUSD gauge tokenomic.
scUSD/wS Price Stats
The current price of scUSD (scUSD/wS) on Equalizer (Sonic) is $1.0006, the price is up -0.25% in the last 24 hours. Its 24-hour trading volume is reported to be at $2.523 with a total of 18 transactions. scUSD/wS contract address is 0xe0484824ebd1a00c59c7bdb271cc691fb9ffd9d1, with a Fully Diluted Valuation (FDV) of $777.52K and a liquidity pool of $35.26.
