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.

yUSD Synthetic Token Expiring 1 September 2020

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