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)
Wzlnfsssksbrwqqdkretxehj
743638498796188248121000280233857237707961
Zbfposmxyerooizkgzgq
091846800699063816923071651477059263755201
Fchzodzkpieodazjxvavmnuvxz
292896246622285620778873893042964002627809
Khsvawjyzcvuvyynanok
515970454310776184717839648716474936304429
Iiufcnqtygehgnyhaxusvsezi
662327941401272811386191638542010040848957