Overnight.fi USDC+ (USDC+)

Overnight.fi USDC+, with ticker USDC+, is an on-chain yield token that offers fully backed yield opportunities through proprietary delta-neutral strategies. With a total value of $78,693,514.62, it gives users a passive yield of 33.06% USD+ APY and 4.19% ETH+ APY. The platform allows users to mint Tokens+ instantly, receive daily rebase by holding Tokens+, and maximize their yield by using Tokens+ in DeFI applications.

One of the key features of Overnight.fi USDC+ is its full collateralization, which enhances the security and stability of the protocol. The platform also incorporates a rebase mechanism, ensuring users can benefit from passive yield without actively participating in trading. Additionally, the tokens are insured, protecting them from negative rebases and absorbing the first loss with the project’s native OVN token. Furthermore, the protocol is committed to high-quality engineering and undergoes yearly audits by leading blockchain security firms to ensure the safety and performance of its products.

Overnight.fi USDC+ is a stablecoin that plays a crucial role in decentralized finance (DeFi) by providing stability in the volatile crypto market. The platform has been explored in various articles, highlighting its influence and impact in the DeFi landscape. The project has a dedicated team of professionals, led by Max E. as the Founder & CEO, working towards maximizing returns and minimizing risks through delta-neutral yield strategies. Interested individuals can find the project on various platforms, including Twitter, Discord, Telegram, and Github, with comprehensive support available through their help center and online discussions.