Interest your ZUSD Stablecoin with ZOS
ZUSD is a decentralized stablecoin on blockchain leveraging the security and transparency. It created by CDPs to anchor the value to the price of national currencies (US dollar). CDPs alter the total supply of outstanding ZUSD, the amount of collateral in a CDP is always set to be significantly higher than the amount of the debt.
How does CDP work?
CDPs alter the total supply of outstanding ZUSD, creating ZUSD when new assets are leveraged and destroying existing ZUSD when it is repaid to the position. This cycle of controlled minting and burning allows the contract to account for the total supply of the stablecoin, thus proving that the portfolio of backing collateral can always guarantee the value of circulating ZUSD.
ZUSD is different
150% underlying assets
ZUSD is created to anchor the value to the price of national currencies (US dollar)
The amount of collateral in a CDP is always set to be significantly higher than the amount of the debt.
The transations which creating ZUSD and destroying existing ZUSD are published . Everyone can view the information ablout the total collateral backing and the total supply of ZUSDs.
ZOS settle interest to ZUSD holders on a daily basis.
When can you use ZUSD？
You can use ZUSD to be exchaged to other digital currency or fiat currency on ZOS chain.
Every ZUSD can bring interest at 8% which you are holding on ZOS chain.
Transactions can be used to establish long or short positions in the market.