$1.08
0.17%
$1.08
24h Range
$1.08
Market Cap
$379,072,446.4
Fully Diluted Valuation
$384,139,809.0
24 Hour Trading Vol
$7,463,548.4
Circulating Supply
351,310,075.9
Total Supply
356,006,316.8
Max Supply
∞
Ondo US Dollar Yield Price
$1.08
24h Range
$1.08 - $1.08
Percent Change 1h
-0.02%
Percent Change 24h
0.17%
Percent Change 7d
0.16%
All-time high
$1.26
All-time low
$0.934
1D
7D
1M
1Y
All
Ondo US Dollar Yield (USDY) is a decentralized finance (DeFi) protocol designed to provide a stable yield on US dollar-denominated assets. USDY aims to bridge traditional finance with blockchain technology by offering users the ability to earn attractive yields on their stablecoin deposits while maintaining the stability associated with fiat currencies. USDY achieves this by utilizing a range of yield-generating strategies, including lending, liquidity provision, and staking, which are executed across various decentralized platforms.
Ondo US Dollar Yield was founded by a team of experienced professionals from finance and technology sectors. The co-founders include:
Ondo US Dollar Yield operates by allowing users to deposit their USDC, USDT, or other stablecoins into the platform, which are then pooled together to generate yield. Here’s a brief overview of how it works:
The Ondo US Dollar Yield platform provides several key use cases:
Ensuring the safety of your Ondo US Dollar Yield investments involves several best practices:
Investing in Ondo US Dollar Yield (USDY) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Ondo US Dollar Yield: Once your account is funded, you can purchase Ondo US Dollar Yield directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Ondo US Dollar Yield using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Ondo US Dollar Yield (USDY) is currently trading at $1.08 and exhibits good potential for future growth. Check the latest Ondo US Dollar Yield (USDY) price prediction.
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