0.27%
USD+ 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 USD+ against USDC instantly on request. USD+ is used for (1) liquidity management - t Read more
USD+ 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 USD+ against USDC instantly on request. USD+ is used for (1) liquidity management - temporary parking of spare stablecoin cash (2) AMM trading and (3) leveraged yield farming. USD+ brings the benefit of capital efficiency to stablecoin usage, i.e. extra yield on idle stablecoins and/or used in major protocols USD+ is currently on Polygon and expanding to other chains. We are going to market by establishing USD+ trading pairs at leading AMMs: (1) Stablecoin boosted pools on Balancer/Beethoven (2) ETH-USD+, Matic-USD+ on Quickswap/Uni V2, (3) potentially, Curve. The advantage USD+ has is our ability to maintain the peg without deploying our own capital - as USD+ can be minted/redeemed against USDC instantly, we are able to arbitrage our pools using flashloans, without our own capital, thus maintaining the peg.
USD+ is a yield-generating stablecoin yielding 8-12% pa, via daily rebase. It is fully backed by a p Read more
USD+ 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 USD+ against USDC instantly on request. USD+ is used for (1) liquidity management - temporary parking of spare stablecoin cash (2) AMM trading and (3) leveraged yield farming. USD+ brings the benefit of capital efficiency to stablecoin usage, i.e. extra yield on idle stablecoins and/or used in major protocols USD+ is currently on Polygon and expanding to other chains. We are going to market by establishing USD+ trading pairs at leading AMMs: (1) Stablecoin boosted pools on Balancer/Beethoven (2) ETH-USD+, Matic-USD+ on Quickswap/Uni V2, (3) potentially, Curve. The advantage USD+ has is our ability to maintain the peg without deploying our own capital - as USD+ can be minted/redeemed against USDC instantly, we are able to arbitrage our pools using flashloans, without our own capital, thus maintaining the peg.
The project is losing followers.
The follower growth appears organic and healthy.
Be the first to know about suspicious activities around your watchlist's coins.
🔔 Get Anomaly AlertsMarket Cap
Fully Diluted Valuation
Volume 24h
All Time High Jan 10 2024
ATH Circulating Supply
Total Supply
Max Supply
All Time Low Jul 26 2023
Channels | Rank | Followers | Posts/Day | Comments/Posts | Active Users |
---|---|---|---|---|---|
Twitter
@overnight_fi |
#1911 | 25,795 | 8.67 | 1.77 | |
Discord
@USD+ ┃Overnight Finance |
#535 | 15,694 | |||
Telegram
@overnight_fi |
#2193 | 3,212 | 1.00 | 1 | |
Coingecko
@Overnight.fi USD+ (USD+) |
#2387 | 1,339 | |||
CoinMarketcap
@Overnight.fi USD+ (Arbitrum) |
#3098 | 1,186 |
Overnight.fi USD+'s community is presently marked with a 'D' grade, suggesting a modest interaction-to-follower ratio. It has a moderate follower base and experiencing a decrease in followers. The community is less active than most along with a predominantly neutral sentiment among its members.
Development | 24 h | 7 d | 14 d | 30 d |
---|---|---|---|---|
Price | 0.27% | 0.03% | 0.04% | 0.15% |
Follower | 0% | 0.44% | 0.89% | 1.72% |
0.27%
USD+ 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 USD+ against USDC instantly on request. USD+ is used for (1) liquidity management - t Read more
USD+ 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 USD+ against USDC instantly on request. USD+ is used for (1) liquidity management - temporary parking of spare stablecoin cash (2) AMM trading and (3) leveraged yield farming. USD+ brings the benefit of capital efficiency to stablecoin usage, i.e. extra yield on idle stablecoins and/or used in major protocols USD+ is currently on Polygon and expanding to other chains. We are going to market by establishing USD+ trading pairs at leading AMMs: (1) Stablecoin boosted pools on Balancer/Beethoven (2) ETH-USD+, Matic-USD+ on Quickswap/Uni V2, (3) potentially, Curve. The advantage USD+ has is our ability to maintain the peg without deploying our own capital - as USD+ can be minted/redeemed against USDC instantly, we are able to arbitrage our pools using flashloans, without our own capital, thus maintaining the peg.
USD+ is a yield-generating stablecoin yielding 8-12% pa, via daily rebase. It is fully backed by a p Read more
USD+ 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 USD+ against USDC instantly on request. USD+ is used for (1) liquidity management - temporary parking of spare stablecoin cash (2) AMM trading and (3) leveraged yield farming. USD+ brings the benefit of capital efficiency to stablecoin usage, i.e. extra yield on idle stablecoins and/or used in major protocols USD+ is currently on Polygon and expanding to other chains. We are going to market by establishing USD+ trading pairs at leading AMMs: (1) Stablecoin boosted pools on Balancer/Beethoven (2) ETH-USD+, Matic-USD+ on Quickswap/Uni V2, (3) potentially, Curve. The advantage USD+ has is our ability to maintain the peg without deploying our own capital - as USD+ can be minted/redeemed against USDC instantly, we are able to arbitrage our pools using flashloans, without our own capital, thus maintaining the peg.
Development | 24 h | 7 d | 14 d | 30 d |
---|---|---|---|---|
Price | 0.27% | 0.03% | 0.04% | 0.15% |
Follower | 0% | 0.44% | 0.89% | 1.72% |
Market Cap
Fully Diluted Valuation
Volume 24h
All Time High Jan 10 2024
ATH Circulating Supply
Total Supply
Max Supply
All Time Low Jul 26 2023
Channels | Rank | Followers | Posts/Day | Comments/Posts | Active Users |
---|---|---|---|---|---|
Twitter
@overnight_fi |
#1911 | 25,795 | 8.67 | 1.77 | |
Discord
@USD+ ┃Overnight Finance |
#535 | 15,694 | |||
Telegram
@overnight_fi |
#2193 | 3,212 | 1.00 | 1 | |
Coingecko
@Overnight.fi USD+ (USD+) |
#2387 | 1,339 | |||
CoinMarketcap
@Overnight.fi USD+ (Arbitrum) |
#3098 | 1,186 |
The project is losing followers.
The follower growth appears organic and healthy.
Be the first to know about suspicious activities around your watchlist's coins.
🔔 Get Anomaly Alerts