Stablecoin Information
Monolith Stablecoin backed by sINV launched on Monolith protocol by the Inverse Finance team.
Category:crypto-backed
Minting and Redemption
invUSD can be minted against sINV, when the loan is repaid to retrieve the collateral, the paid back invUSD is burned. invUSD can also be redeemed for collateral minus a redemption fee.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.00% | +1.56% | +25.84% | 101,914.57 |