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Overcollateralization, Explained: Why a Dollar Can Be Backed by More Than a Dollar

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Here’s a number that sounds like a typo. On Sky Protocol today, every dollar of USDS in circulation is backed by roughly $1.29 in… Continue reading on Investor’s Handbook »

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Overcollateralization, Explained: Why a Dollar Can Be Backed by More Than a Dollar

Medium DeFi Tag Jul 8, 15:01 UTC

Overcollateralization, Explained: Why a Dollar Can Be Backed by More Than a Dollar

Here’s a number that sounds like a typo. On Sky Protocol today, every dollar of USDS in circulation is backed by roughly $1.29 in…