🏺
Amphora Protocol
  • 🏺🏺Amphora Protocol🏺🏺
  • Governance
  • Community Built
  • Tokens
    • The Amph Token🏺
    • The USDA Token🥩
    • The wUSDA Token🥙
    • 3Spool 🧵
    • vAMPH
    • oAmph
  • Concepts
    • Treasury Bootstrap System
  • Technical Documentation
    • Deployed Contracts
  • Tutorials (English)
    • How to get snxUSD
    • How to lend snxUSD/Get USDA
    • How to redeem USDA
    • How to wrap USDA to wUSDA
    • How to buy AMPH (Bootstrap Tool UI)
    • How to buy AMPH (Bootstrap Contract)
  • Resources
    • How to Contribute
    • Logos/Media Resources
Powered by GitBook
On this page
  1. Tokens

The USDA Token🥩

PreviousThe Amph Token🏺NextThe wUSDA Token🥙

Last updated 1 year ago

$USDA is the interest bearing stablecoin generated by the Amphora Protocol, and is represented by the 🥩 emoji (because the USDA is also the US Department of Agriculture who certifies meat, and that's hilarious!)

When a user deposits $sUSD into the Amphora protocol they receive a $USDA token.

That $USDA token is a fully compliant ERC-20 that can be used in other ecosystems, but it will continue to rebase upward whenever a user gains interest from lending.

This rebasing functions similar to an Aave aToken.