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SigmaUSD Review: What Ergo Users Should Know

SigmaUSD is an Ergo-based algorithmic stablecoin protocol, but its fees, safeguards and redemption process are not clear enough to assess. Verify current terms before committing funds.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

Not rated yet

At a glance

Sigmausd key facts

Sigmausd key facts
TypeAlgorithmic stablecoin protocol
BlockchainErgo
DesignAgeUSD; described as crypto-backed
PartnersErgo Foundation, EMURGO and IOG
Value locked$329K−29.9% 7d
Updated

Sigmausd FAQs

What is SigmaUSD?

SigmaUSD is an algorithmic stablecoin protocol on the Ergo blockchain. It is based on the AgeUSD design, which is described as crypto-backed.

Which blockchain does SigmaUSD use?

SigmaUSD operates on Ergo. The current details do not establish which wallets or routes are supported, so check the live app before moving funds.

What are SigmaUSD’s fees, and is it audited?

Fees and redemption conditions are not published in the project details here. No audit is listed, so look for current terms and independent security information before using it.

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How we checked

Sources

  1. defillama.com/protocol/sigmausd(opens in a new tab)

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