Vyro is a decentralized borrowing protocol deployed on Unichain that allows users to take out interest-bearing loans in vyUSD, a USD-pegged stablecoin, against overcollateralized positions. Supported collateral types include ETH, wstETH, and UNI. The protocol operates as a collateralized debt position (CDP) system built on a fork of the Liquity V2 architecture, enabling non-custodial, permissionless borrowing without reliance on centralized intermediaries. Loans are issued directly against on-chain collateral, and positions are managed through smart contracts that enforce collateralization ratios and liquidation thresholds programmatically. vyUSD is minted upon opening a trove and repaid to close or reduce the position.
Werbung
Werbung
VYUSD
Vyro vyUSD
1.02
21. Sept., 01:24 UTC
Über
Info & Links
Verträge
- unichain:0x984…e1361
Entdecker
Weiterlesen
Daten von