ONYX PROTOCOL
TESTNET LIVE • AZTEC
USDO
Privacy-First Stablecoin
Backed by Zcash • Secured on Aztec • Zero surveillance
What is USDO?
Real Collateral
Every USDO is backed by ZEC held in verified reserves. No algorithmic promises.
True Privacy
All balances and positions shielded using Aztec's zero-knowledge rollup.
Dynamic Risk
Three-zone minting function adapts to market conditions automatically.
Time Rewards
Redemption bonuses that reward long-term holders during strong markets.
How It Works
01
Deposit ZEC
Move ZEC from Zcash into the Onyx vault
02
Mint USDO
Receive USDO based on conservative floor pricing
03
Use & Redeem
Spend USDO privately or redeem back to ZEC anytime
PROTOCOL ARCHITECTURE
LIVE ZEC PRICE
...
USD
FLOOR BUFFER
...
LOADING
MIN COVERAGE
120%
RATIO