Overnight Tokens+

Overnight Tokens+ are tokens that represent assets like USD or ETH, fully collateralized with yield-generating assets. These tokens are pegged to the price of the asset they represent and automatically accrue rewards by increasing the number of Tokens+ in your wallet.

USD+

Overnight offers several Tokens+, each fully collateralized with yield-generating assets and pegged to the value of the asset they represent. These include:

• USD+

• USDC+

• DAI+

• USDT+

• ETH+

Tokens+

These tokens automatically accrue rewards by increasing the balance in users' wallets, providing a seamless way to earn yield while maintaining the stability of the underlying asset.

The generated yields are distributed to Tokens+ holders via a rebasing mechanism.