KUSD

Kensetsu USD (KUSD) is an over-collateralized, algorithmically governed stablecoin built on the SORA network, pegged to the US Dollar. Built on the Kensetsu Platform (SORA's version of MakerDAO), KUSD facilitates secure borrowing operations while maintaining its value through robust stability mechanisms. In SORA v3 tokenomics, KUSD is used to pay builders instead of XOR. To maintain the KUSD peg, 19.5% of all SORA network transaction fees are allocated for buyback and burning of KUSD. Users can create vaults, deposit collateral (XOR, VAL, PSWAP, TBCD, ETH, or DAI), and borrow KUSD against their collateral.