Sperax USD (usds) is currently priced at $1.00 USD. The price has decreased 0.00% in the last 24 hours. It has a market capitalization of $614,876.791. Fully diluted valuation: $614,876.791. Circulating supply is 616,620.124 usds. Total supply is 616,620.124 usds.
Stats
| 1 Day | −0% |
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| 1 Month | +0% |
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| 3 Months | +0% |
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| 1 Year | −0.01% |
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| 1 Day | 1 Month | 3 Months | 1 Year |
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| −0% | +0% | +0% | −0.01% |
| Market Cap | $614.9K |
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| Fully Diluted | $614.9K |
|---|
| Market Cap | Fully Diluted |
|---|
| $614.9K | $614.9K |
About Sperax USD
USDs is a hybrid of crypto-collateralized and algorithmic stablecoins. It is highly scalable, trustless, and will be completely decentralized after the launch of the governance protocols.
- SPA will be central to the stability mechanism of USDs, which is fully on-chain.
- USDs will further invest its collateral in other audited decentralised projects like Curve to generate yields and will pass on that yield to holders of USDs.
- USDs holders (HODLers) would directly earn the yield in their wallets. USDs acts as a low cost efficient and relatively less risky was to benefit from DeFi.
USDs will be launched on Arbitrum and we eventually build a system of interoperability to facilitate USDs on other major blockchains.
