Overnight assets
Last updated
Last updated
With Overnight, managing stablecoin cash becomes remarkably simpler and hassle-free. Say goodbye to the intricacies of in-depth market research, active trading, and juggling multiple DeFi protocols. Manual minting and redeeming are also a thing of the past. Overnight offers an elegant solution — just like buying a token, no staking required. Enjoy the ease and convenience that Overnight brings to your financial journey!
Overnight tokens are rebase tokens, fully collateralized with assets that can be instantly converted into USDC. A rebase token can experience Profit (positive rebase) when the collateral value exceeds 100% and Loss (negative rebase) when the collateral value falls below 100%. Please note that you assume the risk of all protocols in the Collateral. Profit payouts occur through daily rebasing, providing transparent balance and P/L visibility.
Yield-generating stablecoins fully collateralized with yield-generating DeFi assets, with USD+ pegged to USDC, DAI+ pegged to DAI, ETH+ pegged to WETH,USDC+ pegged to USDC,and USDT+ pegged to USDT in a 1:1 ratio.
A DeFi equivalent of a Money Market fund, boasting a highly conservative and liquid portfolio with a daily yield of 1-5 bps and profits distributed daily.
As a fully decentralized protocol, it performs all activities on-chain, ensuring an unmatched level of transparency and disclosure.
There are many ways one could manage stablecoin cash, but with Overnight you can:
Avoid in-depth market research and active trading
Steer clear of monitoring and dealing with numerous DeFi protocols
Eliminate the need for manual minting and redeeming
With our tokens, all these hassles are reduced to a straightforward process of buying a token, without requiring staking. Enjoy a hassle-free experience with USD+!
