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USDM

Rank #668
Mountain Protocol USD logo

Mountain Protocol USD

1.00
+0.00912479163
+0.92%
Dec 31, 12:42 UTC

About

The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.

Info & Links

Contracts

  • ethereum:
    0x59d…5508c
  • zksync:
    0x771…9dc31
  • celo:
    0x59d…5508c
  • polygon-pos:
    0x59d…5508c
  • arbitrum-one:
    0x59d…5508c
  • optimistic-ethereum:
    0x59d…5508c
  • avalanche:
    0x59d…5508c
  • base:
    0x59d…5508c
Read More
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