Orby Network is a decentralized lending protocol on the Cronos blockchain that allows users to mint $USC, a fully overcollateralized stablecoin, without incurring interest costs. $USC is soft-pegged to the US dollar and is designed to serve as a reliable store of value, unit of exchange, and unit of account in the DeFi ecosystem.
The protocol enables users to borrow $USC by depositing collateral, with a minimum collateral ratio. The stability of $USC is maintained through a set of risk management mechanisms, including a Stability Pool that facilitates liquidations and a Vault that distributes protocol revenue and incentives to $ORB holders.
$USC plays a critical role within Orby Network’s ecosystem, serving as a foundational asset for decentralized financial applications and enabling users to participate in secure and transparent lending and borrowing activities.
The protocol enables users to borrow $USC by depositing collateral, with a minimum collateral ratio. The stability of $USC is maintained through a set of risk management mechanisms, including a Stability Pool that facilitates liquidations and a Vault that distributes protocol revenue and incentives to $ORB holders.
$USC plays a critical role within Orby Network’s ecosystem, serving as a foundational asset for decentralized financial applications and enabling users to participate in secure and transparent lending and borrowing activities.
| Website | orby.network |
| Website | doc.orby.network/introduction/what-is-usdusc |
| Socials | twitter.com/orbynetwork |
| Socials | discord.com/invite/ZSTZABYk5e |
| Contracts | 0xD42E...Edea78 |
| Explorers | cronoscan.com/token/0xd42e078cea2be8d03cd9dfecc1f0d28915edea78 |
