What is SoulPeg USD (SPUSD)
What is SoulPeg USD (SPUSD)
Start learning about what is SoulPeg USD through guides, tokenomics, trading information, and more.
SoulPeg USD (SPUSD) Basic Introduction
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.
SoulPeg USD (SPUSD) Profile
SoulPeg USD (SPUSD) Tokenomics
Tokenomics describes the economic model of SoulPeg USD (SPUSD), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
SoulPeg USD TokenomicsPro Tip: Understanding SPUSD's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
SoulPeg USD (SPUSD) Price Prediction
Building on tokenomics and past performance, price predictions for SPUSD aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of SPUSD? Check it out now!
SoulPeg USD Price PredictionDisclaimer
The information on this page regarding SoulPeg USD (SPUSD) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
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