Setora
Solana-based synthetic dollar protocol
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Synthetic asset protocolSetoral is a Solana-based synthetic dollar protocol offering a crypto-native alternative to traditional stablecoins. Setora' stablecoins--USS and enhancedUSS (eUSS)--employ a delta-neutral strategy of staking JitoSOL and hedging with SOL spot and perpetual dexes respectively. This allows USS and eUSS to keep their value stable regardless of the underlying asset's market direction while earning attractive yield for users.