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SugarYield

SugarYield SUGARPrice N/A

SUGAR Price

N/A

General Info

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# Inactive

Description

SugarYield is a DeFi insurance protocol that allows third-party participants to speculate on the performance of underlying pegged assets

SugarYield (SUGAR) Chart

Additional Data

Max Supply

SUGAR 20,000,000

Total Supply

SUGAR 20,000,000

    All Time High

    $ 0.00932

    10 Feb 2023


    All Time Low

    $ 0.000706

    19 Oct 2023

    Trending SugarYield Fiat Pairs

    What is SugarYield (SUGAR)?

    SugarYield is a DeFi insurance protocol that allows third-party participants to speculate on the performance of underlying pegged assets depending on their performance histories, including BUSD, DAI,USDT and many other stable tokens. Analysts can take a variety of positions in their predictions and generate passive returns based on their assessment of the health of these assets. This Medi-Insurance platform offers multiple financial services like lending, borrowing, hedging, and speculating; Health performance of different crypto assets.

    The two significant features offered by Sugaryield are as follows:

    • Pre-diabetes. Pre-diabetes vault works via a sugary-catastrophy bond (SCP). The SCP bond is a critical financial component that rewards users who effectively study and analyse the health of a pegged crypto asset. If the users accurately analyze the underying asset's health, the SCP rewards them. Users can also hedge against the pegged assets by depositing BNB and receiving $SUGAR tokens
    • Post-diabetes. Post-diabetes is a secondary marketplace that runs on top of Pre-diabetes' tokenized vaults. Because collateral is locked up throughout the vault cycle, this secondary market allows for real-time position entry and exit via an order bookkeeping system. Transactions are carried out by signed transactions from the taker and are carried out on-chain utilizing contracts from 0x Protocols after being finalized by the taker. These contracts are tried and tested, guaranteeing that users have a pleasant trading experience.

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