# USDi Stablecoin

USDi is an interest-bearing synthetic dollar with a stable 1:1 value ratio to the USD, featuring automatically distributed interest. We are aiming to create a standardized welfare system with universal income for all USDi holders.&#x20;

USDi is backed by its underlying fully hedged assets, and the total circulation of USDi should always equal the value of these hedged assets to maintain a stable value of 1:1 with the USD.

All income generated within the 0max1 protocol is automatically distributed to USDi holders as a form of universal income welfare. Holders do not need to claim this; it is automatically distributed based on the weighted product of the USDi amount and the duration of holding.


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