- USD+ is a yieldgenerating stablecoin yielding 812% pa, via daily rebase. - It is fully backed by a portfolio of liquid, yield generating, lowrisk #DeFi assets mostly, #lending protocols and stabletostable liquidity pools in a way that allows to 1 avoid losses and generate profit every day 2 mint and redeem USD+ against USDC instantly on request.USD+ is used for 1 liquidity management temporary parking of spare stablecoin cash 2 AMM trading and 3 leveraged yield farming. - USD+ brings the benefit of capital efficiency to stablecoin usage, i.e. - extra yield on idle stablecoins and/or used in major protocolsUSD+ is currently on Polygon and expanding to other chains. - We are going to market by establishing USD+ trading pairs at leading AMMs: 1 Stablecoin boosted pools on Balancer/Beethoven 2 ETHUSD+, MaticUSD+ on Quickswap/Uni V2, 3 potentially, Curve. - The advantage USD+ has is our ability to maintain the peg without deploying our own capital as USD+ can be minted/redeemed against USDC instantly, we are able to arbitrage our pools using flashloans, without our own capital, thus maintaining the peg..
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