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Eventually, as the stack around smart-assets grows (Snow Swap and $syUSD), frictions decrease, and more...
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8 Min
Vaults
Nov 2020
Source: Dune Analytics
Source: SnowSwap
syUSD – A stablecoin Wrapper over yUSD
syUSD is an ERC-20...that allows one to wrap yUSD into a stable token. syUSD remains stable at $1, but the holder’s balance...As of writing, yUSD trades around $1.16, and fluctuates depending on the underlying yield. syUSD simply...
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5 Min
DeFi
Oct 2020