DescriptionUSDa is the flagship CDP (Collateralized Debt Position) product based on Avalon's CeDeFi lending platform
Category:crypto-backed
Minting and RedemptionUSDa is minted by depositing collateral or USDT (1:1) into Avalon CeDeFi, while redemptions require loan repayment or conversion to USDT
Avalon USDa (USDA)