RUSD Mechanics
Blockchain technology ensures RUSD’s transparency and security. Built on the Binance Smart Chain, RUSD leverages an immutable ledger to record all minting and burning transactions, providing trust and reliability for users in DeFi and beyond.
RUSD is pegged 1:1 to USDT, meaning for every RUSD minted, an equivalent amount of USDT is deposited. This ensures RUSD maintains a stable value, making it ideal for transactions and DeFi applications.
Users mint RUSD by depositing USDT at a 1:1 ratio through the RUSD Mainnet app. There’s a daily cap of 10,000 RUSD to prevent over-minting, ensuring stability. Returned RUSD is burned to maintain balance.
RUSD’s stability is maintained through its 1:1 peg to USDT, a daily minting cap, and a burning mechanism for returned RUSD. Smart contracts on BSC ensure transparency and prevent manipulation.
RUSD Ecosystem
RUSD is a user-minted stablecoin on the Binance Smart Chain, pegged 1:1 to USDT. It provides a stable and reliable digital asset for transactions, DeFi, and cross-chain activities, addressing the volatility of the crypto market.
RUSD offers stability, transparency, and accessibility for users in DeFi and beyond. Its user-minted design, peg to USDT, and integration with BSC make it a trusted choice for seamless financial operations.
RUSD can be used for DeFi lending, yield farming, cross-chain transactions, and as a stable medium of exchange in dApps, ensuring users can operate without worrying about price volatility.
RUSD integrates with major DeFi platforms on BSC, such as PancakeSwap and Venus, allowing users to stake, lend, and trade with a stable asset, enhancing liquidity and reducing risk.
RUSD plans to introduce a DAO-based governance model, allowing users to vote on key decisions like minting caps and protocol upgrades, ensuring a decentralized and community-driven ecosystem.