DescriptionSpice USD (Ticker USDS) is a stablecoin soft-pegged to USD in the Spice Protocol on Avalanche.
Category:algorithmic
Minting and RedemptionUsing the Spice Trade app, USDS can be minted by locking USDC and burning SPICE in a proportion determined by the protocol's collateral ratio.
SpiceUSD (USDS)