cUSDO Token
Last updated
Last updated
Compounding USDO ("cUSDO") is a wrapped version of the USDO token that allows users to engage with platforms and protocols that do not support rebasing tokens, while still retaining the value and stability of USDO. Unlike USDO, which distributes yield daily through rebasing, cUSDO accumulates yield internally, resulting in an increase in the value of each cUSDO token over time. This makes cUSDO particularly suitable for use with protocols that require stable token values or have compatibility issues with rebasing tokens. cUSDO is intended to be composable, and interoperable
Users can easily convert between USDO and cUSDO at any time by interacting with the cUSDO smart contract.
Note: There is no difference in interest accrued between USDO or cUSDO token formats
Supported Networks
Network
Token Standard
cUSDO Smart Contract Address
Ethereum
ERC-20
Base
ERC-20