yUSD Synthetic Token Expiring 1 September 2020 community
yUSD Synthetic Token Expiring 1 September 2020 news
About yUSD Synthetic Token Expiring 1 September 2020
The project claims that yUSD-SEP20 is a synthetic "yield dollar" token that will approach the value of $1 upon expiry, which will be September 1st, 2020. It is claimed to be collateralized by WETH, and upon expiry, will be redeemable for exactly $1 worth of ETH at that time.