eUSD is a decentralized, unbiased, and 1:1 USD-hard-pegged stablecoin. Any individual and business can hold eUSD to receive a high interest rate.
Unlike USDT, USDC, TUSD, LUSD and DAI, eUSD is yield-bearing, with APY approx 8%.
eUSD is a censorship-resistant, 100% decentralized, fair and transparent stablecoin built on the Lybra Finance protocol.
Each 1 eUSD is backed by at least $1.5 worth of ETH/LST as collateral, ensuring stability, resulting in a minimum collateral ratio of 150%.
Lybra Stability Fund is utilizing the excess eUSD that accumulates from the Advanced Vesting Bounty and the dLP Bounty to maintain the eUSD peg.
