DefiDollar DAO

DefiDollar DAO

Created using Figma
DefiDollar(DUSD) is a meta stablecoin index currently backed by Curve finance LP tokens.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Curve Finance
    0X5BC25F649FC4E26069DDF4CF4010F9F706C23831/USDC one year ago
    $ 0.4677
    $ 2.918 K
    8.66%
    1,359.26%
  • Sushiswap
    0X5BC25F649FC4E26069DDF4CF4010F9F706C23831/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 one year ago
    $ 0.4332
    $ 58.41
    5.68%
    -46.18%
  • Curve Finance
    0X5BC25F649FC4E26069DDF4CF4010F9F706C23831/DAI one year ago
    $ 0.4354
    $ 1.098 K
    -
    -
  • Curve Finance
    0X5BC25F649FC4E26069DDF4CF4010F9F706C23831/USDT one year ago
    $ 0.4380
    $ 1.033 K
    -
    -
  • Sushiswap
    0X5BC25F649FC4E26069DDF4CF4010F9F706C23831/ETH 2 one year ago
    $ 0.9943
    $ 90.773 K
    -0.39%
    -67.04%
  • Balancer V2
    0X5BC25F649FC4E26069DDF4CF4010F9F706C23831/USDC 3 one year ago
    $ 1.02
    $ 3.314 K
    -
    -
  • Uniswap (v3)
    0X5BC25F649FC4E26069DDF4CF4010F9F706C23831/ETH 3 one year ago
    $ 1.02
    $ 15.51
    18.99%
    -64.67%
To be announced
Token Details
Total supply
100,000,000
Additional Details
Categories
Platform

About DefiDollar DAO

DefiDollar (DUSD) is a stablecoin that uses DeFi primitives to stay close to the dollar mark. DUSD provides an avenue for diversifying your stablecoin holdings to hedge against an event where the underlying stablecoins e.g Tether (USDT), DAI deviate from their peg.‌ DUSD is collateralised by Curve Finance LP tokens. For more details, please refer to our introduction blog here.

 Why use DUSD?

  1. Risk diversification: Diversify your stablecoin portfolio by owning a meta asset, backed by multiple stablecoins.

  2. Volatility cushion: DUSD comes with a native staking mechanism that cushions the day-to-day stablecoin deviations from their peg.

  3. Modularity: DUSD is built with modularity in mind. It is super easy to integrate with DUSD smart contracts and hence help in driving wider adoption of the DefiDollar protocol.

  4. Yield farming: Earn yield rewards by staking and adding DUSD liquidity to various DEXs and DeFi Protocols. The specifics of the reward distribution will be announced soon.

Features

Diversify Risk Own a meta asset backed by multiple stablecoins
Yield Farming Earn yield rewards by Hodling or Staking DUSD
Volatility Cushion Staked DUSD acts as insurance against volatility
Modularity Ease of integration with various DeFi liquidity pools

DefiDollar DAO Last News

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