Docs
  • Introduction
  • Getting Started
    • YOC Overview
    • Investing in Fundraising Companies
    • Investing in Ongoing Companies
    • YOC Company Tokens and Currencies
    • Dividends
    • Tokenholder Surveys
    • Trade Companies at the Secondary Market
    • Staking and Farming
      • Farming
      • Staking
    • Liquidity
  • Organizational Model
  • Companies
  • Active Companies' Stages
    • Incorporation Stage
    • Operational Stage
    • Acquisition Offers and Companies Sell
  • Tokenomics
    • Company Tokens
    • YUSD - YOC´s Stable Coin
      • YUSD Tables and Explanation
    • YOCx - Government Tokens
  • Governance
    • Project Token Holders Surveys
    • DAO
  • Financial Reports
  • YOC´s business model and resources
    • YOC´s Lean Canvas
    • Revenue sources
      • YOCx and its valuation
      • Transacion Fees
      • Initial Participation on YOC´s Projects
      • Performance Fees
    • Responsabilities
  • Risks
  • Community
  • Security
    • Audit
    • Oracles
    • Contracts
  • Team
  • Roadmap
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  1. Tokenomics

YUSD - YOC´s Stable Coin

YUSD is the currency used to invest and trade in projects. Thus, before investing in any company, users need to mint YUSD. YUSD is never bought or traded. It´s always minted or burned.

When 1 YUSD is minted, the price is always 1 USD. The “Mint YUSD” buttons are always present at investments and trade areas. So if you don´t have any or enough YUSD to invest on project tokens, you can very rapidly mint some YUSD.

YUSD is also a stable coin, paired with other popular, stable coins or chain coins (75%) and YOCx (25%).

Below you will find the list of the composition of YUSD in each chain:

CHAIN
PAIRED COIN (75%)
YOCx (25%)

Near

NEAR

YOCn

Ethereoum

Tether (USDT)

YOCe

Solana

Solana

YOCs

BSC

Binance USD (BUSD)

YOCb

Once you mint YUSD, the platform will lock within a smart contract 75% of the respective paired coin (see the table below) and 25% on YOCx.

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Last updated 1 year ago