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SMARDEX WRAPPED USDN

SMARDEX WRAPPED USDN

Project
ethereumWrapped-TokensEthereum Ecosystem

About

wUSDN, or wrapped USDN, is an ERC-20 token that serves as a value-accruing wrapper for USDN within the SmarDex ecosystem. Unlike USDN, which employs a rebase mechanism to distribute yields by adjusting token balances, wUSDN maintains a constant token balance while its value appreciates over time. Internally, wUSDN represents a user’s share of the total USDN supply, allowing holders to benefit from USDN’s yield generation without experiencing balance fluctuations.

WUSDN/USDT

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History

2023
Oct 12, 2023protocol upgrademajor

SMARDEX V2 Launch introduces USDN and wUSDN