๐Ÿ“œAbout sUSD

A receipt token of staked HLUSD

Stablehodl Staked Dollars - sUSD

- 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 โ€œreceipt tokenโ€ 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 โ€œunstakeโ€ 500 HLUSD - 500 sUSD will be burned and user will receive 500 HLUSD)

Benefits of sUSD

- Tracking: sUSD provides a Proof Of Receipt - for Stablehodl transactions, acting as the โ€œreceiptโ€ with no price value.

- Security: Backed by the HeLa Networkโ€™s modular Layer 1 architecture, ensuring robust scalability and decentralization.

Importing of sUSD:

Select Network: Hela Mainnet Token Contract Address: 0x52b7a374399e3403a852964AfD574ab9eeb09DB3 Token Decimal: 18

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