SORA Synthetic USD Staking
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What is SORA Synthetic USD Staking?
XSTUSD is an algorithmic stablecoin from the SORA (XOR) network. XST is a synthetic asset backed by a variable amount of XOR and pegged to a target index (e.g., a currency). XOR is minted/deminted to always guarantee the value of the pegged index. The first index implemented is linked to the value of DAI and is called XSTUSD.
Key Staking Facts
Verified Providers0
ConsensusProof of Stake
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