🇺🇸LUSD

Key information about the L ZAR stablecoin

What is LUSD

LUSD is a 1:1 U.S. Dollar–pegged stablecoin built on Lisk, designed to power fast, low-cost on-chain transactions and deliver automated yield paid out weekly. Its primary purpose is to offer holders automated yield, with seamless spend-ability as a secondary benefit.

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Key Highlights

Peg & Backing

Fully collateralized by a blend of:

• USD stablecoins (USDC/USDT) deployed into private-credit strategies

Automated Yield

• Target APR: 8–10% (set and paid on-chain weekly)

• No staking or lock-ups required — users just hold LUSD in their wallet

• Rates subject to change each week based on reserve performance and local benchmarks

Near-Instant Liquidity

• Zero lock-up period — redeem or spend your LUSD at any time

• Withdrawal turnaround: ≤ 24 hours

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Primary use cases

1

Yield

Earn rates above traditional dollar savings and money-market options.

2

Remittance

Users can swap between LZAR and LUSD send value cross-border at minimal cost .

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Under the hood

Reserve composition

• USD Stablecoins (USDC/USDT) deployed into private-credit strategies

Rate mechanic

Rates are refreshed weekly based on reserve performance and local benchmarks.

Interest is calculated on the user's wallet balance and distributed automatically via smart contract.

Chain and Transparency

Blockchain: Lisk

Explorer: View LUSD on Blockscout

All reserves, snapshots, and payouts are publicly verifiable on-chain.

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