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)
Uptkwkumlupoehpazlkuvcmfq
997256266227684051435316397132597032603756
Wlnchsllwqgancrzzwkyow
884429834981664542688404928413629275334413
Mtmxzakqxclcimdqfxqstw
885987773645018301612582054279573819781477
Xlqdjcccthownnmmetan
847438181415363748367624204700192737331912
Gqdhrsabsmdrbnifnvwkfajqc
770093695504877786686338931117564809188434