What is Virtue USD (VUSD)?
Virtue is a decentralized stablecoin protocol built on IOTA, enabling users to mint $VUSD by locking crypto assets into a secure, over-collateralized system. It offers a capital-efficient borrowing experience with predictable costs, while maintaining strong price stability for $VUSD. Whether you’re a long-term holder of IOTA ecosystem assets or a DeFi user looking for yield and leverage, Virtue is designed to support your goals.
How does Virtue USD work?
Key highlights - Borrow $VUSD using supported collateral like $IOTA and $stIOTA - Enjoy fixed, predictable fees with long-term cost efficiency - Benefit from liquidation by deposit $VUSD into Stability Pool. - Participate in arbitrage and flash strategies to enhance returns