Description
Overnight Finance is a DeFi protocol that provides on-chain yield through proprietary delta-neutral strategies. Users can mint various "plus" tokens, such as USD+, ETH+, USDT+, DAI+, and USDC+, which are fully collateralized and designed to generate passive income via a daily rebase mechanism. These tokens are intended to maintain a 1:1 peg to their underlying assets and can be utilized across the DeFi ecosystem to further enhance returns. The platform emphasizes security, undergoing regular audits by blockchain security firms, and operates on multiple chains including Optimism, Arbitrum, Base, and Blast.