USDi

Core functionality of USDi

Minting and Redeeming

USDi can be permissionlessly minted using only blue-chip stablecoins, which form the USDi reserves. Redemptions are currently permissioned.

Yield and Reward Generation

Blue-chip stablecoins in the USDi reserves are used to generate yield, very simple. In future we will add new yield sources such as interest free lending protocol

Yield and Reward Distribution

All the yield and other rewards are initially accumulated by XI.Finance. Currently, XI.Finance passes back all the yield and rewards to sUSDi and USDi holders.