SoulPeg USD

spusd

$1.00+ 0.23%24h

Market Cap (USD)

$6,677,957.00

Circulating Supply

6,651,793.604

Homepage

https://www.soulpeg.io/

About SoulPeg USD

SoulPeg USD (SPUSD) is a BEP-20 stablecoin wrapper for the non-transferable sUSDC deposit token. Users mint SPUSD by wrapping sUSDC and can always unwrap back to sUSDC; on redeem, SPUSD is burned. The $1 target is maintained on-chain by a simple market-making bot that trades the SPUSD/USDC v2 pool on PancakeSwap and by reserves deployed in transparent lending strategies (currently Venus). Contracts are verified on BscScan, liquidity is partially time-locked via PinkLock, and all docs/code are public.