Stablecoin Information
SigmaUSD is a UTxO-based stable coin on the Ergo blockchain - an instantiation of the AgeUSD protocol.
Category:algorithmic
Minting and Redemption
Using the SigmaUSD app, users swap ERG for the equivalent value of SigUSD. The SigUSD is backed by collateral ERG provided by Reserve Providers at a reserve ratio of 400% - 800%.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | -0.93% | -1.93% | -2.06% | 188,494.6 |