Overview of sUSD
All things equal, the market will recognize that the demand for synths isn’t being met at the current price of SNX and investors will bid up the value to increase stakers’ capacity to mint.Before we go too deep, let’s examine a simple example of how sUSD supply scales with demand.In the exhibit below, there is $2.5 million of demand in the market for sUSD and $12.5 million in total demand for synths.In this case, the price of SNX rises by 2%.Over a period of time, sUSD demand grows by 10% to $2.75 million while other synth demand remains the same.
We are happy to announce that Synthetix is running a sUSD Automated Price Reserve on Kyber Network!
What is sUSD?
sUSD is a synthetic USD token enabled by the Synthetix protocol.It tracks the price of the US Dollar through price feeds supplied by Chainlink’s decentralized network of oracles.sUSD is integrated across the DeFi ecosystem as one of the most liquid decentralized stablecoins, including at Curve.It can be traded without slippage for other assets native to the Synthetix protocol at Kwenta or Synthetix.Exchange.
Bored With Bitcoin? This BTC Price Level Is Key for a Big Breakout! | Mass Altcoin Extinction Ahead?
YFW will become history in the crypto world with the real se…
Why Choose SUSD?
Scottsdale Unified School District is proud to offer many compelling programs at all of our 29 schools.Each school offers a unique combination of programs, student services, fine arts, athletics and rigorous academics to service the needs of your family.
What is sUSD?
sUSD (formerly nUSD) is the stablecoin in the Havven network.It offers a decentralised and scalable solution to a significant problem in the blockchain ecosystem: price volatility.
Moving or Contact Information Change?
Parents/Guardians, if your email, phone, or emergency contact information changes, please stop by your school office or district office so that you continue to receive timely school updates.If you are moving to a new address, visit the Change of Address webpage for instructions.