Ethereum Reserve Dollar (ERD), the decentralized lending protocol, launched its USDE stablecoin protocol today following nearly one year of development. ERD is a lending platform that allows users to borrow USDE, a USD-pegged stablecoin native to the platform, using liquid staking derivatives (LSDs) and blue-chip DeFi tokens as collateral. The protocol maintains a minimum collateralization ratio of 110%, striking a balance between decentralization, capital efficiency, and price stability.

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