Stablecoin Information
A decentralized stablecoin backed by stablecoin collateral in yield-bearing Curve Lend and Frax Lend markets, designed to maintain a 1:1 USD peg while sharing earned lending fees with borrowers.
Category:crypto-backed
Minting and Redemption
Deposit crvUSD or frxUSD into a collateralized vault to mint reUSD (minimum 1,000). The borrow rate is half the market’s lending rate, half the risk-free rate, or 2%, whichever is higher. Repaying reUSD unlocks the original collateral.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.94% | +3.72% | +27.19% | 46.1m |