Solana(SOL) Numérair Stablecoin Index

$76.45

5.06%

Release

Numéraire — a new DeFi protocol designed for capital-efficient stablecoin markets from Perena, now live! Perena brings USD* to Solana – a stablecoin index backed by a Seed Pool of USDT, USDC, and PYUSD.

The protocol uses a hub-and-spoke model with bounded liquidity ranges to optimize swaps. Liquidity providers deposit into a Seed Pool to mint USD*, which can then be used to create new stablecoin pairs efficiently.

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Approval:95% Votes:292

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