XUSD is a partially collateralized stablecoin, there are two tokens in the system: XUSD and XUS, XUSD is pegged to 1 dollar, XUS is the governance token, users can mint XUSD with DAI/USDC plus XUS, they can also redeem their XUSD back to DAI/USDC and XUS anytime they want.
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XUSD Stable is not audited by CertiK.
The information about this project is gathered from third parties sources, and CertiK does not guarantee the accuracy of the information. Conduct your own due diligence before deciding to use any info listed at this page.