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All stablecoins
MIK
MIKAIL
Issued by 0x8A9B8ecc42fEe1b6AcC4674fF8B5eE80e8f98346Stablecoin overview
- Supply
- $0.5
- Backing
- 1 MIK = 1 USDG
- Reserve strategy
- Morpho Blue
- Markets
- 1
- Reserve yield goes to
- 50% buyback
MIK 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.
Launch a stablecoin and its marketMint
USDG
USDGConnect a wallet to see your balance.
You receive
ZZZUSD
ZZZUSD- Rate
- 1 USDG = 1.00 ZZZUSD
- Fee
- None
Approve only the USDG being deposited, then mint 1:1. Holding a branded dollar earns no yield.
Paired markets
- HOTDOG / MIK
- $0 liquidity