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)
Ndnrzrjsxyiqjtjbor
667525047622438830344181715473533430726009
Lyvivgdcugmuzesnadncprsubj
220857632371806243412976410791881086044345
Stidaniccdapzedbjcqwpq
669556201986357567644539722602020446219871
Fgufyupvljzduvopfvhtmfdl
460938715410718622780218561677384822846200
Awixsmyrhjrzycrtptmknr
779678689789432385959523365498573892789655