BondAppetite USD USDAP
DescriptionBondAppetit is a lending DeFi protocol with a stablecoin 100% backed by real-world assets (bonds). USDap is the native stablecoin of BondAppetit. It is built on Ethereum and is fully backed by yield-generating bonds with different terms, interest rates, and redemption dates. The bonds are stored by a licensed custodian in a stable jurisdiction. Anyone can check their availability any time online at bondappetit.com/collateral. The information is transmitted from the custodian and is digitally signed making data spoofing impossible.