V1 Fringe Finance Platform Docs
  • What is Fringe Finance?
  • Platform Overview
    • Multi-Chain Support
    • Censorship Resistance
  • Roadmap
  • Product Versions
    • v1 (current)
      • v1 Audits
    • v2
      • v2.1
      • v2.2
    • Fringe v3
  • Fringe Lending
    • Fringe Lending
    • Borrowing
    • Lending
    • Interest Rates
    • Liquidations
    • Collateral Asset Parameter Modeling
      • Loan-To-Value Ratio (LVR)
      • Maximum Borrowing Capacity (MBC)
      • Liquidator Reward Percentage
    • Amplify and Margin Trade
    • Fringe Price Oracle Model
  • USB Stablecoin
    • Stablecoin Components
    • Minting
    • USB Savings
    • Interest Rates
    • Liquidations
  • Staking, Rewards and Fees
    • Fringe Staking
    • Fee Structure
  • FAQs
  • Fringe Finance Whitepaper v1.4
  • PLP Liquidation Instructions
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  • USB Savers – Depositing USB tokens
  • Receiving interest
  • Withdrawing USB tokens
  1. USB Stablecoin

USB Savings

USB Savers – Depositing USB tokens

USB token holders may deposit their $USB on the USB Stablecoin Saving facility to earn interest.

Receiving interest

USB Savers receive interest in the form of USB stablecoins. Interest accrues against their position and is displayed by the USB facility. Interest is sourced from stability fees charged against $USB borrowers. i.e. interest charge to borrowers against their open $USB loan positions.

Interest paid to $USB savers is calculated based on the proportion of the $USB savings pool their deposit represents. Interest accrues to the USB saver’s deposit holdings – in the form of USB tokens.

Withdrawing USB tokens

USB Savers can withdraw their $USB at any point including any accrued interest, back into their connected wallet.

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Last updated 1 year ago