About Decentral Bank

What is Decentral Bank? What is USN? Where can I get Decentral Bank USN tokens? Who invested Decentral Bank? How does Decentral Bank compare to other projects?

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, strategic partnership news, tutorials articles

USN Token Stats

USN Token Symbol isUSNUSN USN Price

$1

USN USN Price All Time High / All Time LowPrice ATH / ATL ⓘ

$1.034 / $0.976

USN USNMarket Cap

-

USN USNMarket Cap Rank

-

USN USN24H Volume

$253,522

USN USN Total Value LockedTVL ⓘ

-

USN USN Fully Diluted ValuationFDV ⓘ

-

USN USNCirculating Supply

-

USN USNTotal Supply

-
Data Source: CoinGecko

USN Token Contract

USN Token Contract Address on NEAR, Aurora and Ethereum. How to find USN Token Address.

NEAR Chain (NEP-141)

usn

Aurora Chain

0x5183e1b1091804bc2602586919e6880ac1cf2896