About Overnight.fi USDT+

Overnight Finance is an asset management protocol offering passive yield products based on delta-neutral strategies, primarily for conservative stablecoin investors.The pegging mechanism is based on the ‘NAV of 1’ policy (“Net Asset Value”), i.e. market value of assets equals the amount of USDT+ in circulation. This is achieved by:– Conservative risk management aims to avoid daily losses by building a diversified portfolio of highly conservative DeFi Investments– Daily distribution of profits in the form of a rebase to USDT+ holders; all yield collected by the USDT+ reserves are distributed to USDT+ holders directly by increasing their wallet balance once a dayUse a liquidity index reflecting the current ratio of the number of issued USDT+ tokens to the volume of assets on strategies (Strategy), expressed in USDT.