Lift Dollar
USDL
USDL is a US dollar backed stablecoin that distributes yield from its cash and cash equivalent reserves to its holders every day.
Risk Rating
Best
What is Lift Dollar?
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Blockchain
- Ethereum
Info
- Asset Type: ERC-20
Key Metrics
Risk Assessment
Best
Asset Strength
USDL is a low-cap, fully collateralized asset. This asset depends on a centralized entity for custody services.
USDL is a stablecoin that consistently trades within 10bps of its peg to , which makes it a great store of value.
Dependencies
Lift Dollar has no dependencies.
Asset Tokenomics
USDL has an uncapped supply but has inflation control or burn mechanisms in place. USDL is a US dollar backed stablecoin that distributes yield from its cash and cash equivalent reserves to its holders every day.
Things to know about USDL
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