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)
Vclfxhftwxpmczbxunokwmtv
815671957160327498800664328016252391936797
Izjekvthrozrkdtgvpynnw
041452427777665092776096470519567486435149
Npkjpaozxmgcyizvktu
685762606469433707810162208712532574047468
Omvyzxgtbwqghapjfshm
969454430518097764353420660972494552277190
Qheixyrnjjksdhesgd
327323310869750006711892933144248707812010