Minting and Utilizing DUSD

Upon depositing collateral, users can mint DUSD. This stablecoin is pegged to the dollar and offers users a reliable asset that can be used across multiple chains, thanks to the protocol's omnichain functionality. DUSD can be used within the Davos ecosystem or on any of our partnered chains.

Beyond its use in the Davos ecosystem, DUSD’s adaptability extends to a variety of DeFi operations, including liquidity provisioning, yield farming, and leveraged looping on our partner chains. These functions enable users to not only increase their return potential but also tailor their risk exposure, allowing for more effective financial strategies within the greater DeFi landscape.

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