# Interest bearing stablecoin

# Stable value and fully backed

# Instantly fungible

  • Permissionless mint using any of supported stablecoins (USDC, DAI, USDT) with no slippage
  • Permissionless redemption for mix of supported stablecoins with no slippage and 0.5% redemption fee
  • Support on major DEX and CEX (coming soon).

# Supported stablecoins

Currently, XUSD supports these stablecoins:


Avalanche C-chain address: 0xb97ef9ef8734c71904d8002f8b6bc66dd9c48a6e

Avalanche-bridged USDC

Avalanche C-chain address: 0xa7d7079b0fead91f3e65f86e8915cb59c1a4c664

Avalanche-bridged DAI

Avalanche C-chain address: 0xd586e7f844cea2f87f50152665bcbc2c279d8d70

Avalanche-bridged USDT

Avalanche C-chain address: 0xc7198437980c041c805a1edcba50c1ce5db95118

# Automated stablecoin yield farming

  • The vault invests in ultra-low volatility, market neutral strategies
  • Extensible and configurable strategy set e.g. lending on Aave, stablecoin liquidity providing (curve.fi, Pangolin), and other DeFi strategies.
  • Rewards are claimed, collected, swapped, and reinvested automatically at least once per day via our automated keeper.

# Yield generation strategies

# Elastic supply

  • The amount of XUSD in all wallets increases when gains are realized
  • Yield distributed by supply rebasing, so that XUSD remains fully backed: 1 XUSD = $1 USD.

# Lowest barrier of entry for DeFi yields

  • SEC-qualified custodians can hold ERC20 tokens, but cannot give DeFi access
  • No self-custody/contract interactions are required to access DeFi yields via XUSD
  • Centralized exchanges and custody tools can support XUSD on behalf of users with minimal setup

# Initial launch on Avalanche C-Chain

  • Low gas fees (minting XUSD for around $5 for unlimited amount)
  • More than $100 billion of native and ethereum-bridge wrapped stablecoins
  • Strong incentive programs
  • Established DeFi protocols operating (Aave, curve.fi, Pangolin, and so many others)