Overnight.fi DAI+ is not active.
Cryptocurrency List
Overnight.fi DAI+
Current trading data unavailable
≈ $ 2.5 mln.
Issued supply: 2 517 145 tokens.
Saved supply is used; its verification date is unknown.
Calculated using the last available price; quote freshness is unconfirmed.
Price: low and high
How the range is calculated
24h uses saved quotes from the last 24 hours. The 30-day and one-year views use daily lows and highs for UTC calendar days, including today. Gaps are not filled; prices may have differed between samples. The dot marks the current price, not a buy signal.
All time uses CoinGecko’s USD ATL and ATH. Other currencies use the current exchange rate; these are not historical records in the selected currency.
Exchanges where DAI+ is traded
No dataCalculator DAI+
1 DAI+ = 0.9962 USD
What is Overnight.fi DAI+?
Overnight Finance is an asset management protocol offering passive yield products based on delta-neutral strategies, primarily for conservative stablecoin investors.
DAI+ is a yield-generating stablecoin yielding 8-12% pa, via daily rebase. It is fully backed by a portfolio of liquid, yield generating, low risk DeFi assets (mostly, lending protocols and stable-to-stable liquidity pools in a way that allows to (1) avoid losses and generate profit every day (2) mint and redeem DAI+ against DAI instantly on request.
The advantage DAI+ has is our ability to maintain the peg without deploying own capital - as DAI+ can be minted/redeemed against DAI instantly, we are able to arbitrage our pools using flashloans, without own capital, thus maintaining the peg.
DAI+ is the equivalent of USD+, pegged to DAI 1:1. DAI+ consist of aDAI (Aave) and USD+. It has been designed for boosted pools (Balancer and Beethoven) on Optimism. It cannot be minted separately
Official websites and links for Overnight.fi DAI+
There are currently about 4 official links to Overnight.fi DAI+ websites and social media:
- Website - overnight.fi
- Twitter - twitter.com/ovnstable
- Facebook - facebook.com
- GitHub - github.com/ovnstable