waSonUSDC/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.
Score | 39 |
|---|---|
24h Vol | $4.9K |
Liquidity | $145.2K |
Holders | 36 |
Audits | |
Age | 2 months |
FDV | $3.3M |
Market Cap | $1.9M |
| Addresses | |
|---|---|
| Pool | |
| waSonUSDC |  |
| scUSD | |
scUSD to waSonUSDC Converter
Score | 39 |
|---|---|
24h Vol | $4.9K |
Liquidity | $145.2K |
Holders | 36 |
Audits | |
Age | 2 months |
FDV | $3.3M |
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.
waSonUSDC/scUSD Price Stats
The current price of scUSD (waSonUSDC/scUSD) on Beets V3 (Sonic) is $0.9954, the price is up -1.53% in the last 24 hours. Its 24-hour trading volume is reported to be at $4,898.71 with a total of 375 transactions. waSonUSDC/scUSD contract address is 0x8d2a7e007053772340e1a8cd827512a71de94038, with a Fully Diluted Valuation (FDV) of $99,690.46 and a liquidity pool of $145.16K.
