Overnight.fi USD+ USD+ Price
Introduction
Overnight.fi USD+ (USD+) is a yield-generating stablecoin backed by low-risk DeFi assets. More
Token Stats
| Fully Diluted Valuation | $48.09M |
|---|---|
| 24H Trading Volume | $1.69M |
| 24H Low / High | $1.00 / $ 1.00 |
| Circulating Supply | 48.09M |
| Total Supply | 48.09M |
| Max Supply | ∞ |
Info
| Categories | Crypto-backed Stablecoin 4 more |
|---|---|
| Founder | Anonymous |
| Website | overnight.fi |
| Socials | 4 more |
| Chains | Polygon-pos Ecosystem 2 more |
| Explorer | L2scan 6 more |
| Contracts |
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OG Evaluation
OG Score
OGAudit Coin Evaluation Metrics
Overnight.fi USD+ $usd+ User Reviews
$usd+ Markets
| Name | Pair | OG Score |
|---|
About Overnight.fi USD+ $usd+
USD+ is a stablecoin that generates 8-12% annual yield through daily rebase. Unlike regular stablecoins, USD+ increases in value every day, providing both stability and growth.
Backed by Low-Risk DeFi Assets
USD+ is fully backed by a portfolio of liquid, low-risk DeFi assets, including lending protocols and stable-to-stable liquidity pools. This ensures consistent profits and minimizes potential losses.
Instant Minting and Redemption
You can mint and redeem USD+ instantly against USDC. This feature provides flexibility and easy access to your funds.
Use Cases of USD+
Cash Management: Park your stablecoins in USD+ and watch your balance grow daily without needing to stake.
Liquidity Pools: Provide liquidity in USD+ pools to earn yield on top of liquidity pool fees and rewards.
Leveraged Yield: Get 6x-9x USD+ yield by using USD+ as collateral, with minimal risk of liquidation.
Conclusion
Overnight.fi USD+ offers a unique blend of stability and high returns, making it an excellent option for DeFi users looking to maximize their earnings with low risk.
What is unique about Overnight.fi USD+ (USD+)?
Overnight.fi USD+ is unique because it offers an 8-12% annual yield through daily rebase, is fully backed by low-risk DeFi assets, and allows instant minting and redemption against USDC.
Who are the founders of Overnight.fi USD+ (USD+)?
The specific founders of Overnight.fi USD+ are anonymous.
Where can I buy Overnight.fi USD+ (USD+)?
You can buy Overnight.fi USD+ (USD+) on Alien Base, Dystopia, Wombat (Arbitrum), SwapBased, Maverick Protocol (zkSync) cryptocurrency exchanges.