rUSD Logo

rUSD RUSD

rUSD header image

1. Summary

Ranks

Liquidity
-
Developer
-
Social
83
Momentum (beta)
0
Stack Rankā„¢
-
Price
$0.06 0.0%
Market Cap
$0.00 (#6049)
Supply
0.00 / 2.72M
Tags
Price
52W High price $0.24
52W High date 3rd May 2023 (1 year ago)
All Time High (ATH) Date 18th May 2022 (2 years ago)
ATH Price $1.16
% From ATH -89.54%
All Time Low (ATL) Date 8th Jan 2024 (5 months ago)
ATL Price $0.12
% From ATL 3.18%
Supply & Trading Volume
Trading Volume (24h) $1.00
Total Supply 2.72M
Description

rUSD is an over-collateralized stablecoin minted from staked assets that are simultaneously earning staking rewards on the RAMP platform. This stablecoin is designed to maintain a stable value of 1 USD, making it a reliable digital currency. rUSD is collateralized by various assets, ensuring its value.

rUSD is an over-collateralized stablecoin minted from staked assets that are simultaneously earning staking rewards on the RAMP platform. This stablecoin is designed to maintain a stable value of 1 USD, making it a reliable digital currency. rUSD is collateralized by various assets, ensuring its value.

Key Features

  • Over-Collateralization: rUSD is minted from staked assets, providing an additional layer of security.
  • Staking Rewards: The staked assets used for minting rUSD earn staking rewards, offering investors additional yield.
  • Cross-Chain Capability: rUSD is a chain-agnostic stablecoin, allowing for the posting of collateral in a variety of bridged coins from other networks.

Integrations

  • Reya Network: rUSD is deployed as a native stablecoin on Reya Network, facilitating neutral settlements and enhancing the overall ecosystem.
  • Margin Accounts: rUSD can be used as collateral in margin accounts, with the ability to unwrap and withdraw USDC at any time.

Development Plans

  • Native Yield: The rUSD contract is upgradeable to enable native yield, making it a store of value within the system.
  • Full Currency Mode: rUSD is planned to serve as the universal currency within Reya Network, including the charging of fees and denoting insurance funds and staking vaults.

Governance

  • Governance Layer: The governance layer leverages rUSD to backstop the system, ensuring stability and incentivizing its use within the ecosystem.

Usage

  • Settlement Payments: rUSD facilitates settlement payments, integrating with other components of Reya Network's Protocol Layer.
  • Trading and Investment Opportunities: Throughout the Reya Network ecosystem, holding rUSD provides access to trading and investment opportunities.

Overall, rUSD is designed to be a reliable stablecoin that offers capital efficiency and integrates well with the Reya Network and other platforms.

2. Price

RUSD

2.1. Market Performance

How does rUSD's (RUSD) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-0.3%

RUSD

136.2%

Similar Market Cap

60 Day Return

0.5%

RUSD

-

Similar Market Cap

1 Year Return

-45.6%

RUSD

-

Similar Market Cap

3. Developer Activity

We're monitoring 13 rUSD GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All rUSD Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 7
  • Past year: 0 commits vs. an average of 138

Most Active Repos

Past week 0
Past 12 weeks 0
Past year 349
Past week 3
Past 12 weeks 3
Past year 62
Past week 0
Past 12 weeks 4
Past year 34
Past week 0
Past 12 weeks 0
Past year 8
Past week 0
Past 12 weeks 0
Past year 4
Past week 0
Past 12 weeks 0
Past year 3

Top Developers 2024

In total, 109 developers have contributed to rUSD over the past year. Who are the most active rUSD developers, by commits, over the past year?

Related Projects

Developers working on rUSD also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 6,091
Twitter followers 40,464
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://appv2.rampdefi.com/
Explorer https://bscscan.com/token/0x07663837218a003e66310a...
Twitter @RampDefi

What is the correct contract address for rUSD?

Polygon-pos 0xfc40a4f89b410a1b855b5e205064a38fc29f5eb5
Binance-smart-chain 0x07663837218a003e66310a01596af4bf4e44623d

Has rUSD been audited for security?

No security audits found for this project.

Are you the owner of rUSD? Edit it here

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