YUSD Stablecoin token
Overview
Avalanche's Yeti Finance protocol issues YUSD, a decentralised stablecoin that maintains a one-to-one peg with the US dollar via overcollateralisation. Users obtain YUSD by locking collateral into the protocol, which then enables borrowing. The token functions as a medium for lending, borrowing and exchange activity inside Yeti's own ecosystem as well as on Avalanche-native decentralised exchanges.
Within The Counterparty graph, YUSD Stablecoin connects to 4 tracked entities, most strongly to Avalanche, Aegis, Bitcoin (BTC).
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Avalanche | 95% |
issued_by | Aegis | 95% |
backed_by | Bitcoin (BTC) | 90% |
backed_by | Delta-Neutral Synthetic Position | 90% |
Frequently asked questions
What is YUSD Stablecoin?
YUSD Stablecoin is a stablecoin tracked in The Counterparty knowledge graph. It is connected to 4 other tracked entities, most strongly to Avalanche, Aegis, Bitcoin (BTC).
What type of entity is YUSD Stablecoin?
YUSD Stablecoin is classified as a stablecoin (token) in The Counterparty knowledge graph.
What is YUSD Stablecoin connected to?
In The Counterparty knowledge graph, YUSD Stablecoin is linked to 4 other tracked entities, most strongly to Avalanche, Aegis, Bitcoin (BTC).