• Cryptos 17 180
  • Echanges 1 282
  • Capitalisation $2 844 794 397 840
  • Volume (24h) $88 420 950 782
  • Dominance BTC 58.71% ETH 8.17%

Overnight.fi DAI+ (dai+) Graphique en Direct

Rang Nom Prix Évolution (24h) Offre totale En circulation
DAI+
Overnight.fi DAI+ logo Overnight.fi DAI+ DAI+
$ 0.99 + 0.03% 2 517 145 0 AI Insight

Overnight.fi DAI+ (dai+)

Overnight Finance is an asset management protocol offering passive yield products based on delta-neutral strategies, primarily for conservative stablecoin investors. DAI+ is a yield-generating stablecoin yielding 8-12% pa, via daily rebase. It is fully backed by a portfolio of liquid, yield generating, low risk DeFi assets (mostly, lending protocols and stable-to-stable liquidity pools in a way that allows to (1) avoid losses and generate profit every day (2) mint and redeem DAI+ against DAI instantly on request. The advantage DAI+ has is our ability to maintain the peg without deploying own capital - as DAI+ can be minted/redeemed against DAI instantly, we are able to arbitrage our pools using flashloans, without own capital, thus maintaining the peg. DAI+ is the equivalent of USD+, pegged to DAI 1:1. DAI+ consist of aDAI (Aave) and USD+. It has been designed for boosted pools (Balancer and Beethoven) on Optimism. It cannot be minted separately