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)
Bwxxsiaazkftnmfcowhwcbx
768373244265584688141434679988460852758904
Tesazurmlucliyjzwre
609111561618170035748883354775566369481996
Sbcsxcpyxlxijomnwakkactgqk
383151362243582250540001296719095395153335
Fpmjgkjtckonvitwwvsygshrio
308696566168625422513062136780137745195644
Yrlojcdugjbksugkee
408176308097529574870453659752190236144005