sUSD1+ logo

SUSD1+

sUSD1+ is a forthcoming USD1-backed, yield-bearing token on Monad that compounds earnings into its price.
Category: Stablecoin Issuance

Description

sUSD1+ is presented as a USD1-backed yield-bearing token on Monad. The Mint sUSD1+ section describes exchanging USD1 to mint sUSD1+ and says its value accrues as earnings automatically compound into the token’s price; the minting feature is marked coming soon.