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rusdc-stark

Relend Network USDC - Starknet, identified by the ticker rusdc-stark, is a pioneering stablecoin solution designed to provide scalable liquidity and credit infrastructure across various Layer 1 and Layer 2 blockchain networks, particularly within the Starknet Ecosystem. As a unique algorithmic stablecoin, rusdc-stark is an instance of rUSDC, a Collateral Debt Position (CDP)-based stablecoin. It is backed by lending market collateral and is redeemable 1:1 for USDC on Ethereum. The Relend Network employs a novel hybrid approach to multi-chain stablecoins, leveraging both Local and Global Price Stability Modules (LPSM/GPSM) to ensure peg stability and risk segregation. This cryptocurrency utilizes smart contracts to deploy rusdc-stark directly into money markets, boosting Total Value Locked (TVL) and fostering robust DeFi activity. While a dedicated $R token will launch post-go-live, pre-launch incentives like RELEND Units are available. The rusdc-stark token significantly enhances capital efficiency, providing a native liquidity solution for its respective chain and enabling users to confidently interact with stable digital assets.

Categories:

StablecoinsStarknet EcosystemAlgorithmic Stablecoin

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Relend Network USDC - Starknet

rusdc-stark

$0.991

0.00%

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Overview

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Market Cap

$14,876,769

24h Trading Vol

All Time High

N/A

All Time Low

N/A

Total Supply

N/A

Max Supply

∞

Circulating Supply

N/A

RUSDC-STARK

DISCOVER

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Relend Network USDC - Starknet

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