ELUSD, a synthetic dollar minted 1:1 with USDT

Mint ELUSD with USDT at 1:1 and stake it as sELUSD to earn a share of protocol profits from arbitrage between Korean and global crypto markets, also known as the Kimchi Premium. Returns are variable and depend on market conditions.

Step to Earn

01
Mint ELUSD

Deposit USDT to mint ELUSD 1:1.

02
Stake ELUSD

Stake ELUSD to earn yields and receive sELUSD. (You can unstake anytime.)

Stake ELUSD

Holding ELUSD gets 10x EL points.

You pay

USDT
Available: 0 USDT

Receive

0
ELUSD
EL Points≈ 0 /y
Network
ETH