Avalon Labs USDa and sUSDa
USDa is Avalon Labs' omnichain stablecoin. sUSDa is the yield-bearing version of USDa.
Metadata
| Token | Avalon USDa (USDa) |
|---|---|
| Symbol | USDa |
| Type | ERC-20 token on Nibiru EVM, LayerZero OFT |
| Decimals | 18 |
USDa is Avalon Labs' omnichain stablecoin, minted via the CeDeFi CDP system. It can be created by depositing collateral (currently FBTC, with more assets to come) or by converting USDT 1:1. One of USDa's unique features is the guarantee of conversion back to USDT at a 1:1 ratio through the Avalon vault on Ethereum.
| Token | Avalon sUSDa (sUSDa) |
|---|---|
| Symbol | sUSDa |
| Type | ERC-20 token on Nibiru EVM, LayerZero OFT |
| Decimals | 18 |
sUSDa is the yield-bearing version of USDa. Users can deposit USDa into the Avalon Savings Account to receive sUSDa, which accrues yield sourced from USDa borrowing rates and revenues from Avalon's lending platform. Yields have the potential to reach sustainable double-digit APRs, incentivized to maintain a staking ratio under 50%.
How to get USDa and sUSDa
Option 1: Liquidity Pools on the Oku DEX:
USDC : sUSDa (0.05%) Pool: 0x5133222db1e9f1b98d16e5fb46d6f398c60998e2
sUSDa : USDa (0.05%) Pool: 0x5649dfd613bb0675e1b41cc8f4ba82832e700e0d
USDC : USDa (0.05%) Pool: 0x8e730a8dfc9fa849130a0b784417ab258b646926
Smart Contract Addresses
USDa on Nibiru: 0xf4e097E36d2064E2bDCA96e60439f3A369522003
USDa on Ethereum: 0x8A60E489004Ca22d775C5F2c657598278d17D9c2
sUSDa on Nibiru: 0x84f682626302EA7BCA2A7c338b84863292131319
sUSDa on Ethereum: 0x2b66aade1e9c062ff411bd47c44e0ad696d43bd9
Related Content
This content is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Nibiru makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Data presented may reflect assets trade on cryptocurrency exchanges.