Saga Dollar (D) is a decentralized meta-stablecoin, fully backed by a non-custodial reserve of USD-denominated stablecoins and yieldcoins. Built on the ERC-20 standard, each D token is soft-pegged to $1—backed by at least $1 worth of collateral. dUSD can be minted and redeemed permissionlessly via smart contracts with no fees (excluding gas).
To learn how to mint and redeem Saga Dollar, please refer to our User Guide.