USDy

USDy price
USDy

Smart contract of the following asset can be modified by the contract creator (for example: disable selling, change fees, mint new tokens, or transfer tokens). Please exercise caution before taking any action and DYOR.
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Total supply
0 USDy
Max. supply
--
Self-reported circulating supply
138.27K USDy
Self-Reported Tags
DeFiSmart ContractsStablecoinShow all

Smart contract of the following asset can be modified by the contract creator (for example: disable selling, change fees, mint new tokens, or transfer tokens). Please exercise caution before taking any action and DYOR.

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About USDy

YSL.IO is a progressive protocol in the DeFi space, representing a new evolution often referred to as DeFi 3.0. The platform is guided by three tenets — Yield, Stability, and Liquidity (YSL), indicating a distinct focus on capital efficiency and sustainable yields. It acknowledges the strength of a project lies within the robustness of its ecosystem and eschews the common approach of forking existing code.

"Build and Build" (BNB) forms the core ideology at YSL.IO, reflective of the protocol's commitment to driving innovation in the DeFi industry. YSL.IO breaks new ground, bringing innovative concepts to the forefront of the financial landscape. It has spent considerable effort in developing a custom protocol from scratch, ensuring broad support for a variety of use cases.

At the crux of the YSL.IO ecosystem lies a self-sustaining momentum loop, providing solid backing to the protocol's three pillars — Yield, Stability, and Liquidity. The unique blend of novel tokenomics and the protocol's inherent ability to generate liquidity forms the backbone of an ecosystem known for its distinctive design and functionality. This innovative approach is embodied in YSL-Nomics, a proprietary methodology developed by YSL.IO.

One of YSL.IO's standout features is its ability to continually increase the treasury-owned liquidity. This key characteristic permits the protocol to consistently offer attractive APYs while maintaining significant liquidity levels, thus encouraging user participation. The protocol also incorporates a leading-edge anti-dump mechanism to ensure a stable exit liquidity, demonstrating a potential to revolutionize long-term sustainability and price stability.

YSL.IO introduces groundbreaking concepts to the DeFi space, one of them being the Perpetual Ratio. This feature is ingrained in all of the protocol's vaults, demonstrating a constant commitment to innovation. Above all, YSL.IO is committed to ensuring that users' assets generate optimum returns, fostering a cycle of value creation that underpins a robust and sustainable ecosystem. The platform consistently offers value to all participants, making it a promising choice for those seeking substantial yield in the DeFi space.