Tolar

Stablecoin overview

Supply

$4.2

Backing

1 SIT = 1 USDG

Reserve strategy

Morpho Blue

Markets

1

Reserve yield goes to

50% buyback

SIT mints and redeems against USDG 1:1, with no fee. Holders earn nothing; the yield goes to the market.

50% of the reserve yield funds buybacks of the paired token for our burn program. Burns are handled through our off-chain process.