FAQ

What is UUSD?

UUSD is collateral-backed money whose value is pegged to the ZAR Rand and kept stable through a framework of aligned financial incentives.

What is the motivation behind UUSD?

UUSD aims to provide a secure, safe, and fully decentralized interest-bearing stablecoin that is not under any government's authority while benefiting ETH holders of all sizes.

What are UUSD and Uland?

UUSD is an interest-bearing stablecoin hard-pegged to the US dollar, using only ETH & stETH as collateral with an excess collateral ratio of 150% to maintain safety and decentralization. UUSD generates stable interest powered by LSD.

Uland is the native token of Universel Protocol. Universel Protocol is managed by people worldwide who hold Uland.

How can UUSD stability be ensured?

UUSD stability is maintained through a combination of overcollateralization, liquidation mechanisms, and arbitrage opportunities. These factors work together to ensure that the value of UUSD remains close to its 1 Dollar peg.