USD3 · by 3Jane · stable
USD3 is the senior, loss-protected tranche of 3Jane's onchain credit pool, minted by depositing USDC. The pool funds uncollateralized USDC credit lines for qualified cryptonatives (underwritten via their Jane Score and verified assets) and buys short-duration receivables from U.S. fintech lenders, with USD3 earning a variable share of the interest borrowers repay and sUSD3 absorbing first losses.
Spiral Stake supplies USD3 as collateral on Morpho, borrows a correlated asset against it, and recycles that back into more USD3 — looping in a single transaction to amplify the underlying Uncollateralized Credit yield. Because the assets are price-correlated, the position targets a higher APY rather than a directional bet, with every cost and liquidation threshold shown upfront.
Leveraged USD3 yield is a strategy that loops USD3 on the Morpho lending protocol to multiply your exposure to its Uncollateralized Credit yield. Spiral Stake executes the whole loop in a single transaction.
USD3 earns yield from Uncollateralized Credit, issued by 3Jane. Looping amplifies that base yield.
Leveraged positions carry liquidation risk if collateral value falls relative to the borrowed asset, plus smart-contract and market risk. Every cost and liquidation threshold is shown before you confirm.
Live APY, leverage multiplier and available liquidity are shown in the app.