USDmo & sUSDmo

Explaining USDmo & sUSDmo

USDmo

USDmo is the USD stablecoin of Monet. It is a decentralized, overcollateralized asset backed by a basket of cryptocurrencies and stablecoins, including yield-bearing versions such as Morpho vaults. The issuance and redemption of USDmo are currently managed by Monet modules. USDmo is deployed on Eden:

Blockchain	Contract Address
Eden Testnet	TBA

Staked USDmo

sUSDmo is the yield-bearing version of USDmo, the stablecoin of Monet. When a user deposits USDmo into the Savings Module (an ERC-4626 vault), they receive sUSDmo in return. This token represents their claim on the deposited USDmo plus the yield generated by the protocol. sUSDmo is deployed on Eden:

Blockchain	Contract Address
Eden Testnet	TBA