eUSD LRT
Overview
eUSD is our flagship synthetic dollar liquid restaking token. Created to service the growing demands of alternate collateral within restaking, eUSD simplifies yield optimization and expands utility.
eUSD is backed by USDe, through a partnership with Ethena, to bring a dual yielding (Ethena’s tokenized basis trade + restaking) USD-denominated product to market. Restaking will be conducted through Eigen Layer. Users are able to deposit USDe, USDC, DAI and USDT.
Key Benefits
Yield from Ethena’s tokenized basis trade + restaking yield
Don’t worry about restaking caps or delegations
Access multiple point programs: 1x EigenLayer, 20x Ethena, 3x ether.fi and 3x Veda Check out eUSD on ether.fi
Audits & Contract Deployments
Audits
https://github.com/Se7en-Seas/boring-vault/tree/main/audit
Contracts
BoringVault: 0x939778D83b46B456224A33Fb59630B11DEC56663
Token: 0x939778D83b46B456224A33Fb59630B11DEC56663
Accountant: 0xEB440B36f61Bf62E0C54C622944545f159C3B790
Lens: 0x5232bc0F5999f8dA604c42E1748A13a170F94A1B
Teller: 0x5232bc0F5999f8dA604c42E1748A13a170F94A1B
eUSD LRT FAQS
Are deposits in the vault capped?
No caps on launch of the vault. The vault activity and total deposits will be monitored, and will introduce caps if required for a healthy balance of Symbiotic points across deposits.
What is the withdrawal period?
There is a 10-day withdrawal period. While most withdrawals will complete well before this maximum window, this is an additional safety mechanism added by Veda.
Is there any benefit to depositing a certain token over another?
No. All deposits are treated the same.
What are Veda points, who is Veda?
Veda is the first Native Yield Layer and the protocol powering Liquid and the eUSD LRT. You can learn more about Veda on X https://x.com/veda_labs
Where can I see my Veda points earned?
The Veda points dashboard is under development but is expected to be available in a few weeks. You can learn more about Veda on X https://x.com/veda_labs
Where can I see my points earned?
On the ether.fi App (coming soon)
Who audited the vault?
The vault was audited by Macro and Spearbit
How is eUSD different from other Liquid LP tokens?
You will be able to use eUSD in DeFi for all the things you know and love. More big news on this coming soon.
Any yields earned on this vault other than points?
You will earn the yield from Ethena’s tokenized basis trade in addition to staking yield.
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