DescriptionSigmaUSD is a UTxO-based stable coin on the Ergo blockchain - an instantiation of the AgeUSD protocol.

Category:crypto-backed

Minting and RedemptionUsing the SigmaUSD app, users swap ERG for the equivalent value of SigUSD. The SigUSD is backed by collateral ERG provided by Reserve Providers at a reserve ratio of 400% - 800%.