BlockBeats News, January 10th, according to Curve data, the USD0/USD0++ pool shows that USD0++ accounts for 90.46% of the pool.
USD0++ is fully backed by USD0, which in turn is 100% backed by U.S. Treasury bonds. USD0++ functions as an LST, similar to a "4-year bond," with its principal guaranteed 1:1 in USD0 and earning rewards through the USUAL token.
USD0++ provides a flexible dual path for users requiring instant liquidity, while offering full earnings for long-term participants: conditional withdrawal is a 1:1 redemption, where a portion of accrued earnings must be forfeited. Unconditional withdrawal is a redemption at a floor price, currently set at 0.87:1 and will gradually move towards $1 over time.