USH

• USH is a stablecoin, which is a type of cryptocurrency that's designed to be less volatile than other cryptocurrencies because they're pegged to assets that are relatively stable. USH is designed to hold a stable value relative to one US Dollar.

• USH is crypto-backed, because it uses cryptocurrencies as collateral. Users can Deposit one of the accepted Collateral Types to create (Mint) USH.

• USH is over-collateralized, which means that the backing collateral always needs to have a higher value than the amount of USH in circulation. The purpose of the over-collateralization is to account for volatility.

• USH is decentralised. Collateral Types do not have a single point of control, collateral vaults are non-custodial, anyone can mint USH, anyone can trigger a Liquidation and Interest Rates are adjusted onchain by the system.