Own eUSD

EUSD

eUSD is a decentralized, overcollateralized stablecoin on Robinhood Chain, built by Own. Users mint eUSD by depositing tokenized stocks, ETFs and ETH (such as SPY, QQQ, GLD, NVDA and WETH) at a 150% to 200% minimum collateral ratio, depending on the asset’s risk group. That lets them get dollar liquidity without selling their assets. Any holder can redeem 1 eUSD for $1.00 of collateral at the oracle price, which keeps the peg firm. The design follows Liquity, adapted for stock collateral that’s priced around the clock. eUSD can be staked for yield or used to provide liquidity on Fables DEX. Own is building an ecosystem for productive money.