Frequently Asked Questions
Can flashloans impact the stablecoin?
eUSD is a fiat-backed stablecoin with off-chain reserves and rigorous operational & technical processes for verifying fund movements with respect to mints and burns. Flashloans do not impact eUSD issuance, redemption, or other parts of the stablecoin.
It is possible to use eUSD as a flashloan asset.
It is possible to use eUSD as a flashloan asset.
What oracle risks are there to eUSD and its use?
The USD e-money itself does not rely or use oracles in any capacity. One eUSD is always redeemable for one fiat US dollar and oracles are not needed in the implementation of the stablecoin.
Protocols, dApps, and apps implementing eUSD may, however, use various oracles as a price or other metric input. If you are implementing or using eUSD through a third-party, please understand the oracle risks involved.
Protocols, dApps, and apps implementing eUSD may, however, use various oracles as a price or other metric input. If you are implementing or using eUSD through a third-party, please understand the oracle risks involved.
Does eUSD support EIP-2612 Permit Extension for EIP-20 Signed Approvals?
Yes; the EVM implementation of eUSD does support EIP-2612.
How can I implement gasless eUSD transfers?
On the Ethereum Virtual Machine, gasless transfers can be implemented through the sign-permit-transfer scheme (approve/transferFrom pattern) introduced in EIP-2612. An entity with gas assets can use an off-chain message (signature) to permit (allowance) another party to transfer eUSD. EIP-2612 is a more generalised version of the EIP-3009 implementation but it requires the use of sequential nonces.