USD+

A risk-minimised USDC-pegged crypto asset backed by an underlying basket of USD stablecoins

What is USD+?
USD+ is the main token of the protocol, ERC20. It’s a rebase token, 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 USD+ Collateral. Profit payouts occur through daily rebasing, providing transparent balance and P/L visibility.
The pegging mechanism is based on the ‘NAV of 1’ policy (“Net Asset Value”), i.e. market value of assets equals the amount of USD+ in circulation. This is achieved by:
Conservative risk management aims to avoid daily losses by building a diversified portfolio of highly conservative DeFi Investments
Daily distribution of profits in the form of a rebase to USD+ holders; all yield collected by the USD+ reserves are distributed to USD+ holders directly by increasing their wallet balance once a day
Use a liquidity index reflecting the current ratio of the number of issued USD+ tokens to the volume of assets on strategies (Strategy), expressed in USDC. 
Internally, balances are stored in RAY (using WadRayMath), which allows you not to worry about the accuracy of working with balances when mint / redeem / balanceOf. The liquidity index is adjusted when the payment process is started on Exchange.payout() on behalf of Exchange. Access to mint() and redeem() is only available to Exchange.
The external function exchange() make it possible to get the current Exchange address for making mint/redeem.
USD+ Contract Addresses
Optimism
Arbitrum
ZkSync
Base
Linea
Binance
Polygon
USD+
Contract Name
Contract Address
USD+
0x73cb180bf0521828d8849bc8CF2B920918e23032
Exchange
0xe80772Eaf6e2E18B651F160Bc9158b2A5caFCA65
Mark2Market
0x9Af655c4DBe940962F776b685d6700F538B90fcf
PortfolioManager
0xe1E36e93D31702019D38d2B0F6aB926f15008409
wUSD+
0xA348700745D249c3b49D2c2AcAC9A5AE8155F826
USD+
Contract Name
Contract Address
USD+
0xe80772Eaf6e2E18B651F160Bc9158b2A5caFCA65
Exchange
0x73cb180bf0521828d8849bc8CF2B920918e23032
Mark2Market
0x9Af655c4DBe940962F776b685d6700F538B90fcf
PortfolioManager
0x5Fb8ab30E3cC24b976c005e0C4B5eAf88A537276
wUSD+
0xB86fb1047A955C0186c77ff6263819b37B32440D
USD+
Contract Name
Contract Address
USD+
0x8E86e46278518EFc1C5CEd245cBA2C7e3ef11557
Exchange
0x84d05333f1F5Bf1358c3f63A113B1953C427925D
Mark2Market
0x240aad990FFc5F04F11593fF4dCF1fF714d6fc80
PortfolioManager
0xA970de9a2ADB8653708E06F76666CF00d63fe67B
USD+
Contract Name
Contract Address
USD+
0xB79DD08EA68A908A97220C76d19A6aA9cBDE4376
Exchange
0x7cb1B38591021309C64f451859d79312d8Ca2789
Mark2Market
0x1F4947Cd5A5c058DD5EA6Fd1CCd5c311aDa9E6Fb
PortfolioManager
0x27B12F3282F1d02682D7D1AD30E45e818B78f7B8
USD+
Contract Name
Contract Address
USD+
0xB79DD08EA68A908A97220C76d19A6aA9cBDE4376
Exchange
0x7cb1B38591021309C64f451859d79312d8Ca2789
Mark2Market
0x1F4947Cd5A5c058DD5EA6Fd1CCd5c311aDa9E6Fb
PortfolioManager
0x27B12F3282F1d02682D7D1AD30E45e818B78f7B8
USD+
Contract Name
Contract Address
USD+
0xe80772Eaf6e2E18B651F160Bc9158b2A5caFCA65
Exchange
0x5A8EEe279096052588DfCc4e8b466180490DB821
Mark2Market
0x9Af655c4DBe940962F776b685d6700F538B90fcf
PortfolioManager
0xff34aad62aeA14E1dA04E90967b36c188Ac9A770
USD+
Contract Name
Contract Address
USD+
0x236eeC6359fb44CCe8f97E99387aa7F8cd5cdE1f
Exchange
0x6B3712943A913EB9A22B71D4210DE6158c519970
Mark2Market
0x33efB0868A6f12aEce19B451e0fcf62302Ec4A72
PortfolioManager
0x6911F2e474D34a4cbBE9Fe56F909EA37DF15E649
Market
0x4f1499185aBf3BcAb91a9B77DDC113f97bF0342C
wUSD+
0x4e36D8006416EA1d939A0EeaE73AFDAcA86BD376

Contract Name	Contract Address
USD+	0x73cb180bf0521828d8849bc8CF2B920918e23032
Exchange	0xe80772Eaf6e2E18B651F160Bc9158b2A5caFCA65
Mark2Market	0x9Af655c4DBe940962F776b685d6700F538B90fcf
PortfolioManager	0xe1E36e93D31702019D38d2B0F6aB926f15008409
wUSD+	0xA348700745D249c3b49D2c2AcAC9A5AE8155F826

Contract Name	Contract Address
USD+	0xe80772Eaf6e2E18B651F160Bc9158b2A5caFCA65
Exchange	0x73cb180bf0521828d8849bc8CF2B920918e23032
Mark2Market	0x9Af655c4DBe940962F776b685d6700F538B90fcf
PortfolioManager	0x5Fb8ab30E3cC24b976c005e0C4B5eAf88A537276
wUSD+	0xB86fb1047A955C0186c77ff6263819b37B32440D

Contract Name	Contract Address
USD+	0x8E86e46278518EFc1C5CEd245cBA2C7e3ef11557
Exchange	0x84d05333f1F5Bf1358c3f63A113B1953C427925D
Mark2Market	0x240aad990FFc5F04F11593fF4dCF1fF714d6fc80
PortfolioManager	0xA970de9a2ADB8653708E06F76666CF00d63fe67B

Contract Name	Contract Address
USD+	0xB79DD08EA68A908A97220C76d19A6aA9cBDE4376
Exchange	0x7cb1B38591021309C64f451859d79312d8Ca2789
Mark2Market	0x1F4947Cd5A5c058DD5EA6Fd1CCd5c311aDa9E6Fb
PortfolioManager	0x27B12F3282F1d02682D7D1AD30E45e818B78f7B8

Contract Name	Contract Address
USD+	0xB79DD08EA68A908A97220C76d19A6aA9cBDE4376
Exchange	0x7cb1B38591021309C64f451859d79312d8Ca2789
Mark2Market	0x1F4947Cd5A5c058DD5EA6Fd1CCd5c311aDa9E6Fb
PortfolioManager	0x27B12F3282F1d02682D7D1AD30E45e818B78f7B8

Contract Name	Contract Address
USD+	0xe80772Eaf6e2E18B651F160Bc9158b2A5caFCA65
Exchange	0x5A8EEe279096052588DfCc4e8b466180490DB821
Mark2Market	0x9Af655c4DBe940962F776b685d6700F538B90fcf
PortfolioManager	0xff34aad62aeA14E1dA04E90967b36c188Ac9A770

Contract Name	Contract Address
USD+	0x236eeC6359fb44CCe8f97E99387aa7F8cd5cdE1f
Exchange	0x6B3712943A913EB9A22B71D4210DE6158c519970
Mark2Market	0x33efB0868A6f12aEce19B451e0fcf62302Ec4A72
PortfolioManager	0x6911F2e474D34a4cbBE9Fe56F909EA37DF15E649
Market	0x4f1499185aBf3BcAb91a9B77DDC113f97bF0342C
wUSD+	0x4e36D8006416EA1d939A0EeaE73AFDAcA86BD376

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Overnight assets

DAI+

Last modified 1mo ago