LiteUSD
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LUSD
LUSD is an algorithmic stable coin in the ecosystem with a constant price to USDT (US Dollar).LUSD is generated by pledging LITE minting and vice versa by pledging LUSD to redeem LITE.Since the price of LUSD is always constant and not influenced by any centralized institution, it can be used in various areas such as Meme, pledging, lending, cross-chain, payments, etc.
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