cUSDO Token
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 retaining USDO's value and stability. Unlike USDO, which distributes yield daily through rebasing, cUSDO accumulates yield through price accrual, resulting in the value of each cUSDO token increasing over time. This makes cUSDO particularly suitable for use with protocols that require stable token values or face 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 and cUSDO token formats
Supported Networks
Network
Token Standard
cUSDO Smart Contract Address
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