RootData Free Push Service: Submit exclusive financing info and upon approval, enjoy free App push notifications. [Contact Now]
API Download the RootData App

Setora

Solana-based synthetic dollar protocol

Details

Setoral is a Solana-based synthetic dollar protocol offering a crypto-native alternative to traditional stablecoins. Setora' stablecoins--USS and enhancedUSS (eUSS)--employ a delta-neutral strategy of staking JitoSOL and hedging with SOL spot and perpetual dexes respectively. This allows USS and eUSS to keep their value stable regardless of the underlying asset's market direction while earning attractive yield for users.

How do you feel about Setora today?

Total Votes 3

Voted
69%
Voted
31%
Bullish
Bearish

How about Setora? Leave your comment below.

Comments are posted by users and do not constitute financial advice