Safety Mechanism

Ensuring stability and reliability is paramount in the world of stablecoins, and our USDS stablecoin is fortified with a robust safety mechanism to provide users with confidence and peace of mind:

Collateralization: The USDS stablecoin is fully collateralized, backed by a basket of carefully selected assets (Liquid Stablecoins). These assets are held in reserve to maintain the stability and value of the stablecoin, ensuring a 1:1 peg with the US dollar.

Transparency: Transparency is central to our stablecoin's safety mechanism. We provide regular audits and disclosures of our reserve assets, allowing users to verify the stability and backing of the USDS stablecoin.

Smart Contract Security: USDS operates on the Ethereum Network with smart contracts governing its issuance and redemption. These smart contracts are rigorously audited and tested to ensure reliability and resistance to vulnerabilities.

Decentralization: Our stablecoin operates on decentralized blockchain networks, reducing the risk of single points of failure and ensuring resilience against external threats or manipulations.

Last updated