The introduction of iZUMi Bond USD (iUSD)

2 min readApr 21, 2022

1.Definition

iUSD, in its full name, iZUMi Bond USD, is 100% backed by iZUMi’s collaterals and future revenues. iUSD is 1:1 pegged to USD, issued by iZUMi Finance and sold to private investors as a bond to raise funds for future development of iZUMi’s ecosystem.

2.How to buy iUSD?

Investors could buy iUSD in two ways: private sale and secondary market. Participating in a private sale requires a minimum of $1M placement. Buyers could also swap iUSD on a DEX.

3.How to sell iUSD?

Investors of private sale have the right to redeem iUSD for USD according to the agreement. All iUSD holders could sell iUSD for USDT or iZi in DEXs on multi-chains

4.How to use iUSD?

Stake to earn

Users could stake or farm iUSD for an APR of 6%-20% and the interests are coming from the trading fees collected by iZiSwap, providing a stable income product for retail-users

Trade with incentives

To increase the liquidity of iUSD, iZiSwap will incentivize iUSD-related trading pairs, including farming incentives and trading fee cash back.

5.What’s the value support for iUSD?

Every week iZiSwap’s 25% revenue will be sent to iZUMi Treasury and used to buy back iUSD in the secondary market until the price of iUSD gets above 0.996 USDT. If it lasts for 4 consecutive weeks that the price of iUSD gets below 0.996 USDT, iZUMi is committed to use the treasury fund to buy back and burn iUSD within the next week. The supply of iUSD will never exceed the total value of iZUMi Treasury to guarantee safety and transparency.

iUSD Token info

a. Type: ERC-20 Token on Ethereum

b. Ticker: iUSD

c. Token Address:

Ethereum Contract: 0x0A3BB08b3a15A19b4De82F8AcFc862606FB69A2D

BNB Chain Contract: 0x0A3BB08b3a15A19b4De82F8AcFc862606FB69A2D

Polygon Contract: 0x0A3BB08b3a15A19b4De82F8AcFc862606FB69A2D

Arbitrum Contract: 0x0A3BB08b3a15A19b4De82F8AcFc862606FB69A2D

d. iZUMi Treasury

Ethereum: 0xe3071f78fbc34c0043820229283cc3b5621b75dc