CryptoCurrencies
113
Exchanges
479
Total Market Cap
840,827,781,384
Volume 24h
78,767,099,809
Dominance
BTC 38.74%   ETH 18.27%   USDT 7.78%   BNB 5.62%

Sperax USD
USDS

1.003
$
0.21 %
Change 24h
Market Cap
$ 2,176,430
Volume 24h
$ 299,169
Circulating Supply
2,170,727
Total Supply
2,360,454
USDS
$
# Exchange Pair Price Volume 24h

Description

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.