On January 10, according to Curve data, USD0++ accounts for 90.46% of the USD0/USD0++ pool.
It is reported that USD0++ is fully supported by USD0, which is 100% backed by US Treasuries. As an LST, USD0++ is similar to a “4-year bond”, with its principal guaranteed 1:1 in USD0, and the income is distributed through USUAL token rewards.
USD0++ provides a flexible dual path for users who need instant liquidity, while providing full income for long-term participants: conditional exit is a 1:1 redemption, requiring the abandonment of a portion of the accumulated income. Unconditional exit is redeemed at a floor price, currently set at 0.87:1, and will gradually tend to $1 over a period of time.
More Information available in: https://www.holdminer.com/
