Supported Collateral

Our vision is for $USC to be an overcollateralized stablecoin backed by multiple collateral types. At launch, CDCETH was the first collateral to be supported. We’ve since expanded support to include cdcBTC and LCRO, offering users greater flexibility and utility. Orby now supports CRO as a collateral option for the LCRO Shuttle.

CDCETH is a type of receipt token representing staked Ether (ETH) and any accrued staking rewards. Read more about the token here.

CDCBTC is a token backed 1:1 by native Bitcoin (BTC), with the underlying BTC securely held in cold storage under Crypto.com’s custody. Read the whitepaper here.

LCRO is a liquid staking token that represents staked CRO through Veno. It is a yield-bearing, auto-compounding asset, allowing users to passively earn staking rewards. Read more here.

CRO is the native token of the Cronos chain. Read more here. In order to use CRO as collateral, you will need to do the following:

• Open a new LCRO Shuttle using CRO as collateral

• Add CRO to LCRO Shuttle

• Withdraw collateral in CRO instead of LCRO

• Repay full debt and receive CRO back into their wallet

Orby handles the swap between CRO ⇄ LCRO in the background via Ferro or VVS, using the most efficient route based on price, slippage, and swap fees.