Stablecoin Information
deUSD ("decentralized US Dollar") is a fully collateralized synthetic dollar powered by the Elixir Network
Category:crypto-backed
Minting and Redemption
deUSD is minted by stETH and sDAI, which are deposited collateral assets, which will be used to by the protocol to short ETH, creating a delta neutral position
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | >-0.0001% | >-0.0001% | >-0.0001% | 60.38m | ||
| Elixir Bridge | 100% | <0.0001% | <0.0001% | <0.0001% | 31.22m | |
| Elixir Bridge | 100% | <0.0001% | <0.0001% | <0.0001% | 556,127.2 | |
| Elixir Bridge | 100% | +0.00% | +0.00% | +0.00% | 859.03 |