USDV is the "Never Depeg" stablecoin designed to always maintain a steady 1:1 value with the U.S. dollar, thanks to its unshakable stability backed by 200% collateral—including assets like USDT, VELO, BUIDL, USDL, TBILL, and PLG—and a reserve ratio over 150%. For added protection, if the collateral's value drops, an intelligent automated auction kicks in, allowing VELO users to purchase those assets at a discount while simultaneously burning some USDV to restore the system's balance and ensure ongoing security.

@veloprotocol Rocket ready! 🚀