About sUSD
A receipt token of staked HLUSD
Last updated
A receipt token of staked HLUSD
Last updated
- sUSD is stablehodl staked dollar within the StableHodl ecosystem, representing staked HLUSD, USDC, USDT - assets that are staked in Stablehodl.
- This sUSD acts as a “receipt token” 1:1 to the amount that is being staked by a user. ( For example: User staked 1000 HLUSD = 1000 sUSD reflected on the wallet, in this scenario when a user “unstake” 500 HLUSD - 500 sUSD will be burned and user will receive 500 HLUSD)
- Tracking: sUSD provides a Proof Of Receipt - for Stablehodl transactions, acting as the “receipt” with no price value.
- Security: Backed by the HeLa Network’s modular Layer 1 architecture, ensuring robust scalability and decentralization.
Select Network: Hela Mainnet Token Contract Address: 0x52b7a374399e3403a852964AfD574ab9eeb09DB3 Token Decimal: 18
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