Stablecoin Information
NonDollar has created a new mechanism to drastically reduce the costs incurred to hedge any asset. We do this with a combination of stablecoin and on-chain credit default swaps.
Category:crypto-backed
Minting and Redemption
Anyone looking to hedge can deposit ETH & ETH LRT as collateral to mint USDA+, a stablecoin soft pegged to US Dollar.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.00% | -0.00% | -0.00% | 42,372.55 | ||
| 0.00% | +0.00% | +0.00% | +0.00% | 6,138.26 |