Staked SwanUSD

SSWANUSD

sSwanUSD is the ERC-4626 staking vault for swanUSD, a decentralized stablecoin minted against wstETH collateral on Monolith, the stablecoin-as-a-service protocol built by Inverse Finance, and governed by SwanDAO. Depositors receive a yield-bearing vault share whose value accrues from swanUSD borrow interest: the share of paid borrowers' interest remaining after the 50% local reserve fee is minted directly to the vault. There are no lockups; withdrawals mint back swanUSD at the prevailing exchange rate. swanUSD is already listed on CoinGecko; sSwanUSD is its staked wrapper, and we request pricing via the vault's on-chain convertToAssets exchange rate against the swanUSD page, the same pattern used for sDOLA, sUSDe and comparable staked stablecoins.