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Stake USDAI on Ethereum

Diversify with the safest stablecoin and get high APR

More secure than any other stablecoin
Every USDAI is backed by on-chain crypto (BTC/ETH/USDT).
Immutable contract with no admin privileges
Nobody can freeze tokens or manage the collateral.
Full transparency
Open-source code; passed Hacken and Sherlock security audits with the highest scores.

APR today:

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USDAI staked

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USDAI reward

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Get more USDAI and stake!

mint USDAIBUY USDAI
USDAI
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APR today:

0%

Audited by Hacken: Rating of 9.3/10.
Insurance: Ensures permanent overcollateralization.
Censorship Resistant and Autonomous: No one can block USDAI tokens or manage USDAI collateral.
Immutable Contract: The codebase of USDAI cannot be changed.
High-Quality Backing: Supported exclusively by premier cryptocurrencies such as ETH and BTC.

FAQ

What is USDAI?

USDAI is a censorship-free stablecoin that is fully backed by crypto. It is completely autonomous, over-collateralized, and anti-inflationary.

Advantages of USDAI over other stablecoins

Unlike most stablecoins currently in the market, USDAI is code-transparent, decentralized, and 100% backed by crypto.Some key benefits of USDAI are:
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1. 100% censorship-free: USDAI is autonomous and not controlled by any entity. Nobody can freeze tokens or manage the collateral, and it is backed by decentralized crypto assets.
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2. 100% backed by crypto: USDAI is backed by well-known decentralized crypto assets and stablecoins such as BTC, ETH, USDT, and DAI. This makes it censorship-resistant and over-collateralized with a 500%+ projection.
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3. 100% transparent: USDAI is non-profit organization with equal profit opportunities.
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4. Rewarding: Users are rewarded for holding USDAI.
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5. 100% insured: We introduced insurance capita through BGL to maintain a high over-collateralization ratio despite market downturns.
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How can I get USDAI?

You can buy USDAI on Curve.fi via the Arbitrum network. Please note that you’ll need to pay very little gas fees in ETH (on Arbitrum) for transactions.
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Follow these steps to get USDAI:

1.  Connect your wallet
2. Make sure you have USDT on the Arbitrum network
3. Input the amount of USDT you want to swap for USDAI (the exchange rate is ~1:1)
4. Approve the spending by signing the transaction on your wallet
5. Complete the swap

❗ In the case your USDAI tokens don’t automatically reflect in your wallet, custom add it through this Arbitrum contract address: 0x33c88d4cac6ac34f77020915a2a88cd0417dc069

How does staking work?

Users earn rewards for holding and staking USDAI. To find out more details about how the mechanism works,
read this. Please note that you’ll need to pay very little gas fees in ETH (on Arbitrum) for transactions.

Follow the steps below to stake your USDAI tokens:  

1. To stake your USDAI for interest, you’ll first need to buy USDAI
2. After you’ve gotten your tokens, head over to the web app to stake them
3. Connect your MetaMask wallet or any wallet compatible with WalletConnect to the web app (Make sure you select the Arbitrum network on the wallet of your choice for instant connection and use the same wallet where you bought the USDAI)
4. Set the amount of USDAI you want to stake and select the “Stake USDAI” option
5. Approve the transaction on your wallet
6. Relax and earn passive interest (rewards) on your staked USDAI
7. Claim rewards at any time using the “Withdraw Reward” function
8. There is no minimum staking amount; unstake your USDAI to your wallet at any time

What is the interest rate of staking?

Your real-time APR is always indicated at the top of your staking dashboard. APR is dynamic and depends on the total amount of staked tokens by all stakers. The earlier you are, the more rewards you stand to gain.

Why is USDAI better than other stablecoins?
Has USDAI been audited for security?

Our topmost priority is creating secure and reliable contracts for our users. To that effect, we have employed the help of diligent and renowned crypto auditors to thoroughly evaluate the USDAI algorithm.

See our excellent results by:
‍HACKEN
‍Sherlock

Others
Can’t find what you’re looking for, or think there’s something that needs to be added to this FAQ doc? Check our whitepaper, and if you still can’t find answers, ask your question on our TELEGRAM.