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SPUSD
Rank #1471
SoulPeg USD logo
SoulPeg USD
0.9972
-0.007566
-0.75%
Nov 09, 20:29 UTC

SoulPeg USD (SPUSD)

About

SoulPeg USD (SPUSD) is a BEP-20 stablecoin wrapper for the non-transferable sUSDC deposit token. Users mint SPUSD by wrapping sUSDC and can always unwrap back to sUSDC; on redeem, SPUSD is burned. The $1 target is maintained on-chain by a simple market-making bot that trades the SPUSD/USDC v2 pool on PancakeSwap and by reserves deployed in transparent lending strategies (currently Venus). Contracts are verified on BscScan, liquidity is partially time-locked via PinkLock, and all docs/code are public.

Info & Links

Contracts

  • binance-smart-chain:
    0x40f…a77a6
Read More
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