Yield Bearing Stablecoin USD3 by Reserve Protocol
USD3Reserve Protocol
Chains:

TVL
$4.92M
Price
$1.09
+1.20%
APY30d
4.31%
+2.77%
+0.61%
YPO30d
$19.45K
Key Facts
Protocol
Reserve Protocol
Token
USD3
Asset Class
Crypto Backed, YBS Wrapper, Managed Strategy
Market Data
Market Cap
$4.92M
7-Day YPO
$4.76K
30-Day YPO
$19.45K
90-Day YPO
$53.11K
All-Time YPO
$2.69M
Live Yield Paid Out
00:00:00
$.
About
USD3 is a stablecoin created on the Reserve Protocol, designed to earn yield on top of the US dollar-pegged stablecoins. It is backed by a basket of other staked stablecoins, i.e., various variants of staked USDC and DAI strategies. The governance of USD3 is managed by RSR (Reserve Rights) stakers, who play a role in overseeing the protocol.