🔒Security

Who and where stores clients' tokens

All funds are under the control of the users who deposit them. Nobody behind the USDV project has any right or control over your funds or any debts you may have. All funds are safely stored in your own vault that you have created. Please remember that under no circumstances should you share your password or seed phrases with anyone.

How does the protocol prevent black swan events?

A) Debt Ceiling

The total amount of USDV that can be issued is limited by the debt ceiling. The debt ceiling is different for each type of vault and is reassessed on a cyclical basis in response to demand and the USDV peg. The purpose of the debt ceiling is to prevent an excessive amount of USDV from entering the market, which could adversely affect the USDV price.

B) Risk Management

Risk management is a vital aspect of cryptocurrency investing and trading. With the high volatility and uncertainty in the market, it is important to have a strategy in place to minimize potential losses and maximize profits. USDV's risk management have considered worst-case scenarios when designing all security parameters. This ensures that USDV remains over-collateralized even during the worst market conditions.

Is the project audited?

Coming soon.