yUSD (YVAULT-LP-YCURVE)
Details about yUSD cryptocurrency
€39,120,836 ( 0%)
€0
11.011
Unknown
https://yearn.finance/
@iearnfinance
yUSD price charts
YVAULT-LP-YCURVE exchanges
yUSD, the crypto
yUSD (YVAULT-LP-YCURVE) is a token on the Curve.fi platform that enables investors to deposit stablecoins, including USDT, USDC, and DAI, into a pool and earn interest on their investment. The yUSD token represents a share of the underlying stablecoin pool, and investors can redeem their tokens for the underlying stablecoins at any time.
The point
The main point of yUSD (YVAULT-LP-YCURVE) is to provide users with a way to earn interest on their idle stablecoins while maintaining a low risk profile. The platform automatically invests the deposited funds into various money market protocols to maximize returns.
The problem
yUSD (YVAULT-LP-YCURVE) aims to solve the problem of idle stablecoins not earning any interest. Many investors prefer to hold stablecoins to hedge against market volatility, but these assets do not generate any yield on their own. yUSD enables investors to put their stablecoins to work and earn a passive income on their holdings.
Compare YVAULT-LP-YCURVE and BTC performance
Timeframe | YVAULT-LP-YCURVE | BTC |
---|---|---|
1h change | 0.745975 % | -0.434243 % |
24h change | -0.37 % | 0.748949 % |
7 day change | 1.62 % | 6.28102 % |
14 day change | 1.05 % | 4.81165 % |
30 day change | -1.56 % | 23.3841 % |
200 day change | 9.3 % | 170.377 % |
Year change | 0 % | 155.76 % |