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YETI

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0xAlex

@0xalex · Nov 6, 2023, 17:46

What is YUSD?
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CryptoSkipper

@cryptoskipper · Nov 6, 2023, 17:54

YUSD is an over-collateralized USD pegged stablecoin on Avalanche chain issued by Yeti Finance.

YUSD can be borrowed by depositing collateral on Yeti Finance.

According to the list of collateral assets, 27 tokens can be pledged as collateral.

Aave Tether, AAVE USDC, and Benqui USDTn are the top 3 collateral assets in TVL. Other collateralized assets include staked AVAX, GLP, BTCb, and ETH.

app.yeti.finance/#/info
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