USD0++ Issuance
To make their USD0 productive, users can bond USD0 or purchase USD0++ on the secondary market. USD0 Liquid Bond (USD0++) is issued when a user locks their USD0 for 4 years. In return, they receive a composable and transferable USD0++ which provides rewards in Pills during the Pills Campaign, as well as a yield in USUAL tokens or USD0 through the Base Interest Guarantee (BIG) after the Pre-launch phase.
A holder of USD0 can lock their USD0 at any time to make them productive through a USD0 Liquid Bond (USD0++):
Locking USD0: The user locks their USD0 to convert them into USD0++ at the Usual Desk.
1:1 Issuance: USD0++ are issued on a 1:1 basis with the locked USD0.
Locked Duration: The locked assets are immobilized for the maturity period of the USD0++.
Last updated
