Component Finance
Stable Coin Swaps, Farming and Conversions
Stable Coin Swapping and Farming Protocol located at
Component enables stable coin swaps and provides a way to convert between stable coin instances. Due to the xDai Multi-Bridge Ecosystem, 2 (or more) instances of the same token can co-exist, for example USDC bridged from Ethereum and USDC bridged from Binance Smart Chain (BSC).
Depending on how you want to interact with a stable token (ie bridge it to BSC, bridge it to Ethereum, swap on Honeyswap), you can convert between instances. Using the Component app, you can swap between Binance-Peg USDC Token and USDC on xDai or Binance-Peg Dai Token and wxDai. In this case, you can unwrap your wxDai using Wrapeth to complete the conversion from Binance-Peg Dai to xDai. More on this process is available here.​
Component Stable Coin Pools on xDai
Swap between stable coin instances

StableCoin Token Addresses on xDAI

Unit Protocol

The stable coin that powers Component finance is called USDP and comes from Unit Protocol. With Unit Protocol you can use assets on Ethereum, including STAKE on Ethereum, as collateral to borrow USDP. Component is also available on Ethereum at
Last modified 3mo ago