Cygnus
  • 👋Welcome To Cygnus
  • Cygnus Network
    • What is Cygnus?
    • Why Do We Need Cygnus?
    • How Does Cygnus Work?
    • Cygnus Social App SDK
      • Cygnus Instagram App Layer
      • Telegram Mini App for Cygnus
      • Whatsapp Mini App for Cygnus
    • Bug Bounty
    • Grant Program
    • Cygnus Token
    • Research
      • Optimism
      • Optimistic Rollups
      • OP Super Chain
      • OP Stack
  • Cygnus Omnichain Liquidity Validation System (LVS)
    • Introduction
    • Collateral Mechanism & Asset Management
    • Vault Delegation & Restaking Framework
    • Network Coordination & Security Layer
    • Operator Registration & Incentive System
    • Resolver Governance & Dispute Resolution
    • Cygnus LVS Integration
      • cgETH
        • What is cgETH?
        • Core Features and Mechanics of cgETH
        • Security, Transparency, and Risk Management
      • clBTC
        • What is clBTC？
        • How clBTC Works？
        • Integration with CeFi and DeFi in Cygnus Network
        • Security, Transparency, and Risk Management
      • cgUSD v1
        • What is cgUSD v1
        • Why Cygnus Finance
        • Risk Warning
        • Protocol Mechanics
          • Mint
          • Wrap
          • Bridge
          • Redemption
        • Token and Contract
          • cgUSD
            • Comparison to Stablecoins
            • How it Works
            • On-Chain Price Oracle
          • wcgUSD
            • Comparison to cgUSD
            • How it Works
          • Smart Contract Audits
        • FAQ
          • Mint
          • Wrap
          • Withdrawals
      • cgTON
    • Cygnus Pool SDK
  • legal
    • Privacy Policy
    • Interface Terms of Use
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On this page
  1. Cygnus Omnichain Liquidity Validation System (LVS)
  2. Cygnus LVS Integration
  3. cgUSD v1
  4. Token and Contract
  5. wcgUSD

Comparison to cgUSD

  1. Quantity Stability: Unlike cgUSD, which is a rebasing stablecoin with its balance increasing to reflect accrued interest, wcgUSD maintains a consistent supply without increasing balances. This stability makes it more suitable for certain DeFi protocols and investment strategies where a non-volatile asset is preferred.

  2. Adaptability: Due to its non-rebasing nature, wcgUSD's value increment is reflected in its price over time. This characteristic allows for better integration within various decentralized financial ecosystems that do not accommodate rebasing tokens, providing greater flexibility for users and applications.

  3. Interoperability: wcgUSD's interoperability with cgUSD, enabling seamless conversion between the two tokens without any associated fees, fosters a more cohesive DeFi environment. This feature allows users to navigate between these stablecoins based on their specific requirements or market conditions efficiently.

  4. Permissionless Functionality: Being permissionless, wcgUSD offers users the freedom to engage with Cygnus Finance and other compatible protocols without any constraints or requiring authorization. This inclusivity promotes broader access and participation within the decentralized financial landscape.

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Last updated 1 year ago