BaoUSD(BAOUSD)
Market Cap$25,178
Price$1
Total Circulating25,185
Stablecoin Information
BaoUSD is a CDP stablecoin, its over-collateralized and issued through our Bao Market
Category:crypto-backed
Minting and RedemptionUsing the Bao Finance app, users can borrow BAOUSD by depositing ETH, USDC or bSTBL as collateral. When the loan is repaid to retrieve the collateral, the paid back BAOUSD is burned.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | 0% | 0% | 0% | 25,185 |