USB-Stablecoin

What is USB?

Like the DAI in the MakerDAO protocol, USB(Universal Stable Basis) is a decentralized, asset-backed circulating token designed with a price using Oracle feeds, serving as a soft peg to the US dollar.

How to Obtain USB?

USB is minted through the process of depositing collateral into the Vault. The protocol supports a variety of assets for minting USB. Conversely, holding USB grants users the ability to redeem their collateral from the Vault, with each USB token representing $1 worth of collateral. This design effectively ties the value of USB to the US dollar, ensuring its stability and reliability as a medium of exchange.

Where do the earnings come from?

USB is a rebasable, interest-bearing stablecoin, generating earnings through:

• Blast Native Yield: A feature exclusive to the Blast network.

• Financing Interest: Paid by holders of margin tokens.

To receive the aforementioned earnings, users simply need to hold USB. Furthermore, USB can be utilized to engage in PTY--Price Trigger Yield for farming, as well as earn arbitrage profits from the Discount Offer.