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A decentralized stablecoin, backed 1:1 by an on-chain reserve of yieldcoins (e.g., sFRAX, sDAI). The reserve’s exogeneous yield funds ongoing interest rebates for dUSD borrowers on dLEND.
Hunted by @gaddar
A decentralized stablecoin, backed 1:1 by an on-chain reserve of yieldcoins (e.g., sFRAX, sDAI). The reserve’s exogeneous yield funds ongoing interest rebates for dUSD borrowers on dLEND.
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