What is USD SMART?
USDs is a Digital assets for a stable Currency With Binance Smart Chain Network #BSC
USDs is designed as an algorithmic stablecoin on the Binance Smart Chain
This involves an innovative solution that can adjust the stablecoin supply deterministically to move the stablecoi n price towards the target price to bring programmability and interoperability to DeFi
USDs is a stablecoin pegged to USD
1 USDs is intended to remain exactly equal to USD 1 — not a cent more or less.
It’s basically a crypto dollar. It can be exchanged to exact amount of BNB which is equal to 1 USD at the time of exchange.
It’s worth noting that USDs users are protected from the volatility of cryptocurrency, but they’re still exposed to fluctuations in the price of the pegged BNB
Let’s say the price of BNB is USD 300 now. You can get 300 USDs for 1 BNB. After two years, if the price of BNB is USD 600, you will can get 0.5 BNB for the same 300 USDs.