Users mint USD+, USDT+ & DAI+ by depositing USDC, USDT or DAI. Deposited stablecoins get deployed into different yield money market strategies generating yield (supply-side fees). Overnight also offers more actively managed ETSs that deploy funds into different delta-neutral yield farming strategies.

Overnight finance offers yield-bearing stablecoin products on several EVM blockchains. Overnight was founded by Maxim Ermilov and launched in 2021.

Overnight Governance owns and governs the protocol. They currently take a 20% performance fee from profits generated by ETSs (revenue). Overnight Governance also has a right to collect token rebases for USD+, USDT+ & DAI+ that are held in liquidity pools.

github

twitter

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website

Stablecoin issuers

Overnight

# Code commits Methodology

## Overview

Code commits measures the total number of commits made to the project’s public GitHub repositories. It reflects how actively the codebase is being updated.

Total commits made to the project's public repositories.

Overnight

Code commits

Code commits

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