Synatra Staked USDC (yUSD) is a staking derivative for USDC holders through Synatra. More
| Fully Diluted Valuation | $4.87M |
|---|---|
| 24H Trading Volume | $908 |
| 24H Low / High | $1.40 / $ 1.41 |
| Circulating Supply | 3.47M |
| Total Supply | 3.47M |
| Max Supply | ∞ |
| Categories | Liquid Staking 3 more |
|---|---|
| Founder | Anonymous |
| Website | synatra.xyz Whitepaper |
| Socials | 2 more |
| Chains | Solana Ecosystem |
| Explorer | Solscan 2 more |
| Contracts |
yUSDX....jC1fg
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| Name | Pair | OG Score |
|---|
Synatra Staked USDC (yUSD) is a staking derivative for USDC holders who seek to earn yield without losing the liquidity of their stablecoins. By staking USDC through Synatra, users receive yUSD tokens, which represent their staked USDC and can be used in decentralized finance (DeFi) protocols while still earning staking rewards. This model allows for a more efficient use of capital, as users can deploy their yUSD in yield farms or other DeFi services while maintaining their original staking position.
This staking derivative enhances the functionality of stablecoins within DeFi, providing a way for USDC holders to maximize returns while minimizing opportunity cost. Synatra’s protocol is designed to offer seamless staking and high liquidity, making it an ideal solution for users looking to earn passive income without locking up their capital for extended periods.
Synatra Staked USDC (yUSD) allows users to stake their USDC stablecoins while still maintaining liquidity in the form of yUSD tokens for use in DeFi protocols.
Synatra is a decentralized platform with contributions from various developers and the DeFi community.
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