Stablecoin--ZUSD

What is ZUSD?

Like the DAI in the MakerDAO protocol, ZUSD is a decentralized, asset-backed circulating token designed with a price using Oracle feeds, serving as a soft peg to the US dollar.

How to Obtain ZUSD?

ZUSD is minted through the process of depositing collateral into the L-Vault. The protocol supports a variety of assets for minting ZUSD. Conversely, holding ZUSD grants users the ability to redeem their collateral from the Vault, with each ZUSD token representing $1 worth of collateral. This design effectively ties the value of ZUSD to the US dollar, ensuring its stability and reliability as a medium of exchange.

Where do the earnings come from?

ZUSD is a rebasable, interest-bearing stablecoin, generating earnings through financing interest paid by holders of margin tokens.