$0.998 -0.18%

Overnight.fi DAI+ Markets Exchange Data

Compare live prices of Overnight.fi DAI+ on top exchanges.

#	Exchange	Pair	Price	Volume (24h)
	Velodrome Finance v2	0X73CB1... / 0X970D5...	$1.00	$1,621
	Wombat (Arbitrum)	USDC / DAI+	$0.999	$2
	Uniswap V3 (Arbitrum One)	0XEB8E9... / 0XDA100...	$1.00	$23
	Wombat (Arbitrum)	DAI+ / USDC	$0.997	$0

About Overnight.fi DAI+ (DAI+) Cryptocurrency

Overnight Finance is an asset management protocol offering passive yield products based on delta-neutral strategies, primarily for conservative stablecoin investors. DAI+ is a yield-generating stablecoin yielding 8-12% pa, via daily rebase. It is fully backed by a portfolio of liquid, yield generating, low risk DeFi assets (mostly, lending protocols and stable-to-stable liquidity pools in a way that allows to (1) avoid losses and generate profit every day (2) mint and redeem DAI+ against DAI instantly on request. The advantage DAI+ has is our ability to maintain the peg without deploying own capital - as DAI+ can be minted/redeemed against DAI instantly, we are able to arbitrage our pools using flashloans, without own capital, thus maintaining the peg. DAI+ is the equivalent of USD+, pegged to DAI 1:1. DAI+ consist of aDAI (Aave) and USD+. It has been designed for boosted pools (Balancer and Beethoven) on Optimism. It cannot be minted separately

https://overnight.fi/

https://optimistic.etherscan.io/token/0x970D50d09F3a656b43E11B0D45241a84e3a6e011

https://facebook.com/

https://twitter.com/ovnstable

https://overnight.fi/blog/

https://discord.com/invite/overnight-fi

https://github.com/ovnstable