Introducing iUSDC, an insured and interest-bearing RToken designed to be the ideal form of USDC.
The preferred currency of the buzzaar.io social freelancing marketplace
Ideal USDC (iUSDC), is an over-collateralized and censorship-resistant version of USDC initially pegged to $1 USD that aims to be a maximally safe medium of exchange.
In this RFC I will give you an overview of iUSDC. I highly encourage the community to ask questions and share their suggestions. If you want to help make this RToken a success, please reach out to me on twitter: @0xLycurguz or email at firstname.lastname@example.org
- An over-collateralized and censorship-resistant form of USDC with onchain insurance and yield to protect holders against inflation and black swan events. Governors are tasked to prioritize safety through diversification and other low-risk strategies.
- Deployer Address: spearlabs.eth
- 50% Compound V3 USDbC.
- 40% Stargate USDbC pool.
- 10% Aave V3 USDbC.
At the time of deployment, these are the only available USDC-based collateral on Base.