USE(USE)
Market Cap$130,883
Price$1
Total Circulating130,927
Stablecoin Information
$USE (Universal Stablecoin for Ergo) is a new decentralized, algorithmic stablecoin built on the Ergo blockchain. It is designed to be a more resilient and scalable alternative to previous models like SigUSD.
Category:algorithmic
Minting and Redemption$USE is a next-generation stablecoin that tries to solve the liquidity and "lock-up" issues of older models. It uses a bank-and-arbitrage system to keep its $1 peg and relies on a community-funded liquidity pool to stay healthy.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | -0.23% | -1.25% | -9.42% | 130,927 |