
General Questions
What is Standard Money?
What is Standard Money?
Standard Money is a synthetic dollar protocol that makes USDT what it was always meant to be. We offer USDsd, a synthetic, collateralized version of Tether that provides a stable and scalable solution to the trader market with up to 30% annual yield potential.
What is USDsd?
What is USDsd?
USDsd is a synthetic, collateralized version of Tether that provides a stable and scalable solution to the trader market. Unlike traditional stablecoins, USDsd offers up to 30% annual yield through advanced basis trading strategies.
What is sUSDsd?
What is sUSDsd?
sUSDsd (staked USDsd) is the yield-bearing version of USDsd. When you stake USDsd, you receive sUSDsd tokens that automatically compound rewards from protocol revenue, currently earning 8% APY with potential for up to 30%.
How does USDsd maintain its peg?
How does USDsd maintain its peg?
USDsd maintains its peg through being 100% collateralized by USDT combined with sophisticated basis trading strategies. The protocol uses advanced algorithms to short perps and long spot simultaneously, earning yields from exchanges like Binance, OKX, and Bybit.
Minting & Staking
How do I stake Usdsd?
How do I stake Usdsd?
To stake Usdsd:
- Go to the staking section in the Standard Money app
- Enter the amount of Usdsd you want to stake
- Confirm the transaction
- You’ll receive sUsdsd tokens that represent your staked position
How do sUsdsd rewards work?
How do sUsdsd rewards work?
sUsdsd rewards are automatically compounded into your sUsdsd balance. The rewards come from:
- Funding payments from perpetual futures positions
- Protocol revenue distribution
Can I unstake sUsdsd?
Can I unstake sUsdsd?
Yes, you can unstake sUsdsd at any time to receive Usdsd back. The unstaking process has a 7-day cooldown period before you can complete the withdrawal.
Risks & Security
What are the main risks of using Usdsd?
What are the main risks of using Usdsd?
The main risks include:
- Funding Risk: Negative funding periods can impact protocol revenue
- Liquidation Risk: Hedging positions may face liquidation in extreme conditions
- Custodial Risk: Risk of custodian failure or compromise
- Smart Contract Risk: Risk of bugs or exploits in smart contracts
- Exchange Risk: Risk of exchange failure or manipulation
What happens if the protocol is hacked?
What happens if the protocol is hacked?
In the unlikely event of a hack, the protocol has emergency procedures in place including pause mechanisms to address the situation. The reserve fund may also be used to cover losses.
How can I verify I'm using the correct contracts?
How can I verify I'm using the correct contracts?
Always verify contract addresses on the official Key Addresses page and cross-reference with Bscscan. Never use contracts from unofficial sources.
Yield & Rewards
What yield can I expect from sUsdsd?
What yield can I expect from sUsdsd?
sUsdsd yield varies based on market conditions but typically ranges from 5-30% APY. The yield comes from staked BNB rewards and funding payments from perpetual futures.
How often are rewards distributed?
How often are rewards distributed?
Rewards are continuously compounded into your sUsdsd balance. You don’t need to claim rewards manually - they’re automatically added to your staked position.
Why does the yield vary?
Why does the yield vary?
Yield varies based on:
- Funding payments from perpetual futures (varies with market conditions)
- Protocol revenue and distribution mechanisms
Is the yield guaranteed?
Is the yield guaranteed?
No, the yield is not guaranteed. It depends on market conditions, protocol performance, and various risk factors. Past performance does not guarantee future results.
Getting Help
Where can I get support?
Where can I get support?
You can get support through:
- Telegram: Join our Telegram community
- Documentation: Browse our comprehensive documentation
- X (Twitter): Follow @StandardMoney_
How do I report a bug or issue?
How do I report a bug or issue?
If you encounter a bug or issue:
- First, check if it’s a known issue in our Telegram
- Report the issue in the appropriate Telegram channel
- Provide as much detail as possible including transaction hashes
- Never share your private keys or seed phrase