About the Eleos USD category

[eleosfoundation]

[RFC] - Introducing eleosUSD

Introduction Eleos USD (eleosUSD) is a decentralized yield-generating token initially pegged to the US Dollar. Eleos USD provides convenient access to a diversified range of DeFi protocols. EleosUSD is linked to the Eleos Foundation, a token designed for charitable giving. As with all asset-backed currencies issued on the Reserve protocol, eleosUSD’s design is to be overcollateralized with verifiable proof of reserves available on-chain. In this RFC, we will provide an overview of eleosUSD. We…