ONDO_USDY_ETHEREUM
Documentation for eth_defi.tokenised_fund.ondo.constants.ONDO_USDY_ETHEREUM data.
- ONDO_USDY_ETHEREUM = OndoProduct(chain_id=1, token='0x96f6ef951840721adbf46ac996b59e0235cb985c', symbol='USDY', product_name='Ondo U.S. Dollar Yield', oracle='0xa0219aa5b31e65bc920b5b6dfb8edf0988121de0', oracle_method='getPrice', oracle_first_seen_at_block=18485028, first_seen_at_block=17672244, first_seen_at=datetime.datetime(2023, 7, 11, 18, 46, 23), homepage='https://docs.ondo.finance/general-access-products/usdy/basics', description='Permissioned tokenised note whose redemption price accumulates U.S. dollar yield.', notes="Ondo U.S. Dollar Yield (USDY).\n\n- **Curator:** Ondo Finance.\n- **Vault strategy:** A permissioned tokenised note backed, depending on issuance date, by short-term U.S. Treasuries, short-term Treasury ETF shares or bank demand deposits.\n- **NAV reporting:** USDY is an accumulating token: its redemption price increases as yield accrues. Historical NAV is read from Ondo's published on-chain Redemption Price Oracle.\n- **Investor access:** USDY is available to qualifying non-U.S. individual and institutional investors. Transfers, subscriptions and redemptions require issuer onboarding and compliance checks.\n- **Fund page:** [Ondo USDY](https://docs.ondo.finance/general-access-products/usdy/basics).\n", management_fee=None)
USDY token deployment and redemption-price oracle.
Sources: https://docs.ondo.finance/addresses and https://docs.ondo.finance/general-access-products/usdy/basics