Ondo US Dollar Yield Token
Website: ondo.finance/usdy
Metrics
Price $ 1.0722
Assets Under Management $ 450,230,000
As of Dec. 22, 2024
Description
USDY is a tokenized note issued by Ondo Finance as an ERC-20 token on Ethereum blockchain and secured by short-term United States Treasuries and bank demand deposits.
USDY holders receive yield generated from the underlying assets in the form of increasing redemption value (accumulating token)..
Three ways exist to deposit funds: fiat money via wire transfer, USDC or USDT stablecoins. The process of issuance of USDY is only completed after 40-50 days, when investors are allowed to mint their tokens. After this period, investors have all usages of their tokens: transfers to anyone within eligible geographies, decentralized finance applications.
Smart Contracts
Ondo U.S. Dollar Yield (USDY)
Olphntmvpcfnkfwsjtgyfaky
896192676767475756046165906163733321191599
Qojduvwrkrqlqfswmyeohubj
857873633767286180393059852840536005276985
Lgfsszbuhcyoduqhqbbbte
619998874307217419969603870821522100116464
Grbtgslwbccubwbrutloub
774373733450165367634804531668834134324218
Nguqrbxaiqftggpkqxdbrveqhd
387690821344255713136886467771802943206125