Every stablecoin has had to sacrifice one of three things. USC is engineered to hold all three at once — decentralised, always fully-backed, and capital-efficient — bound together by an autonomous engine that defends its own peg. No committee. No discretion. Just code.
Runs on its own Cosmos EVM chain against real ETH locked on Ethereum. No bank, no off-chain custodian holding the reserves.
Every USC is minted against an 80% mETH / 20% CAPE basket at live oracle prices — and an autonomous loop reinforces the peg the moment support slips.
The collateral isn't idle: staking yield and every protocol fee are recycled into 4–7% APR paid to USC holders who lock.
Send real ETH on Ethereum. A relayer sees the deposit and mints mETH 1:1 (minus a 0.1% fee) to you on the USC chain in ~1–2 minutes.
Deposit a basket that is 80% mETH / 20% CAPE by value at live oracle prices, and mint USC worth what you put in. Redeem any time to get the basket back.
Lock USC for 90 days and earn 4–7% APR, funded entirely by protocol fees. Your rate is fixed the day you deposit — a weaker peg pays a higher rate.
Add liquidity to get CLP tokens, then bond them. Your CLP becomes permanent Treasury backing, and after 5 days you receive CAPE at a 5% discount (price locked on day one).
A constant-product pool. Swap mETH ↔ WCAPE for a 0.3% fee, or wrap / unwrap native CAPE 1:1. Swap fees grow the pool and flow back to the protocol.
Burn mETH on the USC chain; the relayer releases real ETH (minus a 0.2% fee) to your Sepolia address in ~1–2 minutes.
The Cloudflare tunnel URL changes on every server restart. Paste the current one here — it's stored in this browser and used when adding/switching to the Cosmos chain in MetaMask.