What backs this dollar
Every $RIBBIT wraps USDC+, which lends USDC into over-collateralized Solana markets through Reflect. The meme is the only thing that’s different.
- Value of 1 token
- $1.000698
- USDC+ yield
- 1.26%
- Creator’s cut of yield
- 15%
- Holders earn
- 1.07%
Yield changes over time and isn’t guaranteed. Smart-contract and lending-market risk apply, and deposits aren’t insured. Read the risks