USE(USE)

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