About Decentral Bank

What is Decentral Bank and how does it work? What is Decentral Bank token USN how is it used? Where can I get Decentral Bank USN tokens? What are the key features and benefits of Decentral Bank? How can I learn more about Decentral Bank and stay up-to-date with its developments? Where can I get USN Whitelist

Decentral Bank is the DAO developing and supporting NEAR-native stablecoins, the first of which is $USN. Decentral Bank DAO manages the smart contracts of $USN and its Reserve Fund. One of the functions behind the DAO is the governance over the $NEAR part of the Reserve Fund. The DAO can vote to stake the $NEAR from the Reserve Fund and distribute the staking rewards to the users of protocols that integrate $USN.

$USN is a NEAR-native stablecoin soft-pegged to the US Dollar, backed by a Reserve Fund that contains $NEAR, as well as $USDT initially. $USN’s core stability mechanisms consist of on-chain arbitrage and the Reserve Fund based on the Currency Board principle. Combining the growth potential of $UST and the strong peg defense of $FRAX, $USN is positioned to be one of the most effective ways to bootstrap liquidity in the NEAR ecosystem; all while adding a new layer to $NEAR’s utility as a token. $USN’s smart contracts and Reserve Fund are managed by the Decentral Bank DAO.

Grants:
Proximity Grant

Decentral Bank News

Decentral Bank funding news, strategic partnership news, announcements, product updates, tutorials articles, how-to, and guides

USN Token Stats Token tracker, NEAR and Aurora Explorer

USN Token Symbol is USN

USN Price Today

$1.05

USN Price All Time High / All Time Low - Price ATH / ATL ⓘ

$1.10 / $0.787174

USN Market Cap

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USN Market Cap Rank

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USN 24H Volume

$42

USN Total Value Locked - TVL ⓘ

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USN Fully Diluted Valuation - FDV ⓘ

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USN Circulating Supply

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USN Total Supply

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Data Source: CoinGecko

USN Token Contract

USN is deployed on the NEAR Chain (NEP-141). Find the USN (USN) NEAR contract address details below.

usn

USN is deployed on the Aurora Chain. Find the USN (USN) Aurora contract address details below.

0x5183e1b1091804bc2602586919e6880ac1cf2896