Stabilizer
Mint or burn vUSD 1:1 against USDm to maintain the peg
Mint vUSD
Deposit USDm, receive vUSD
You Pay
$
USDmYou Receive
v
vUSDAfter 0.00% fee
My Balances
USDm
—
vUSD
—
vUSD Peg
Current market price
$1.00—%
$0.995$1.00 target$1.005
24h Volume (Stabilizer)—
Total USDm in Contract0
vUSD Total Supply0
Contract Parameters
Protocol Fee0.00% (0 bps)
Collateral TokenUSDm
Mint TokenvUSD
Scaling Factor1:1
How it works
↑
Mint vUSD
Deposit USDm collateral and receive vUSD minus the protocol fee. Used to bring vUSD back to peg when it trades below $1.
↓
Burn vUSD
Return vUSD and receive USDm collateral back minus the protocol fee. Used to reduce vUSD supply when it trades above $1.