RedSonic Vault Tether USD
RSVUSDT

0
$
0.00 %
Change 24h
Market Cap
$ 0
Total Supply
10,590
RSVUSDT
$
# Exchange Pair Price Volume 24h

Description

RedSonic is an Ethereum zk Layer 2 solution released and maintained by Reddio. RedSonic Vault Tether USD (rsvUSDT) is a token that users receive when they deposit USDT, which replaces USDT for cross-chain operations to Layer 2. The USDT stored in RedSonic Vaults will be partially used for risk-free investments, and the generated returns will be proportionally distributed to all rsvUSDT holders. When users return from Layer 2, the exchange operation will be executed on Layer 1 Ethereum, burning rsvUSDT to retrieve the principal and all returns in USDT.
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