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USDs is a stablecoin which generates auto-yield natively. Currently, USDs is live on Arbitrum, the largest Layer-2 Ecosystem of Ethereum. The highlights of this protocol:
To mint new USDs, minters only need eligible collateral. No fee required for minting USDs. Currently the protocol is accepting USDC, DAI, FRAX and VST as collateral and more tokens might be added to this list in future. However, USDs tokens are fungible and redeemable in the same way, independent of their underlying minting collateral. It acts as an IOU on the pooled collateral. The protocol will mint 1 USDs by collecting 1 USD worth of collateral.
Sperax USD's current price is $ 0.997, it has increased +0.01% over the past 24 hours.
Sperax USD's All Time High (ATH) of $ 1.00 was reached on 17 Sep 2022, and is currently -0.67% down.
The current circulating supply of Sperax USD is 4.52 Million tokens, and the maximum supply of Sperax USD is 4.52 Million.
Sperax USD’s 24 hour trading volume is $ 60.16 Thousands.
Sperax USD's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 4.51 Million.