Zulu
  • Introduction
    • Official Links
  • Protocol
    • Peg Stability
    • Collateralization
    • Decentralization
    • Governance
  • Tokenomics
    • ZU
    • ZU Distribution
    • Stake ZU
  • Managed Treasury Value
    • Managed Treasury Value (MTV)
    • ZULU AMO
  • Smart Contracts
    • Smart Contracts
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  1. Protocol

Peg Stability

The peg of zUSD is managed my the AMO module. The AMO (automatic market operations) mints and sells zUSD for USDC directly into the contract when the price is above 1.01. When the price is beneath 0.998 the AMO buys and burns zUSD using protocol USDC ensuring the price of zUSD is always stable at $1. In addition, users can always mint and redeem zUSD with or for $1 of collateral ensuring further stability.

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Last updated 9 months ago