Lif3 - vaults - SC
Summary
The Stable Asset Designed for DeFi, for trader who want to earn more than with traditional stables. L3USD can be referred to as a Variable Collateralized Stable (VCS). This implies a variable trading range for this stable asset within a certain range, while still ranging closely around $1.00. The collateralization model for L3USD has two main parts. The first part con- sists of Curve pools that will deepen their liquidity over time. The second part will utilize a balanced basket of cryptocurrency assets. L3USD was conceived as a stable asset, ready to be used in the DeFi landscape. Designed for staking with stablecoins, deepening liquidity and expanding trad- ing opportunities while generating higher returns for liquidity providers and in our farms.
