USD0++
USD0++
The locked, yield-bearing version of [[usd0]] — receives RWA yield in exchange for a 4-year lock.
USD0++ pays both the underlying RWA yield and Usual governance-token emissions. Early-exit before maturity goes via secondary-market sale (typically Curve / Pendle), where price reflects discount for time-to-unlock.
Related terms
- USD0Usual's permissionless RWA-backed stablecoin, redeemable 1:1 from a portfolio of tokenised T-bills and overnight repo.
- RWA (real-world assets)Tokenised off-chain assets — Treasuries, money-market funds, credit pools, real estate — used as on-chain collateral or yield products.
- PendleA yield-tokenisation protocol that splits yield-bearing tokens into Principal (PT) and Yield (YT) tokens with a fixed maturity.