## What is sUSD (SUSD)?
sUSD, being a synthetic stablecoin based on the Synthetix protocol, is primarily decentralized finance. It is pegged 1:1 with the U.S. dollar and collateralized by the issuance of SNX tokens and other assets. Such a protocol ensures stable trading and interactions within the Synthetix ecosystem.

## What Problem Does sUSD (SUSD) Solve?
sUSD Addresses:
- **Stability**: Provides a stable asset for consumers in the volatile market of cryptocurrencies.
- **Decentralized Collateralization**: Not like centralized stablecoins, sUSD is backed by decentralized assets through Synthetix's over-collateral.
- **Cross-Asset Exposure**: sUSD allows trading to take place for synthetic assets, enabling exposure to both traditional and crypto assets without holding the underlying.

## Why Does the Cryptocurrency Market Need sUSD (SUSD)?
The crypto market benefits from sUSD by:
- **Facilitating DeFi**: sUSD enables seamless DeFi operations of lending, borrowing, and trading within the Synthetix ecosystem.
- **Volatility Hedge**: Gives the users a stable medium of exchange for risk management within an inherently volatile market.
- **Synthetic Assets**: users can trade a wide range of synthetic assets without direct exposure, thus allowing traders more flexibility in different trading strategies.

## History & Achievements
sUSD is a foundational piece of the Synthetix ecosystem that launched in 2018 as a decentralized platform for trading synthetic assets and has since become a vital tool for DeFi users looking for stability and versatility within this rapidly expanding ecosystem.

## Who Developed sUSD (SUSD)?
sUSD was developed by the Synthetix team, which is headed by Kain Warwick, the founder of the project. The platform itself has grown from an original focus on stablecoins into a full-fledged synthetic asset platform.

## What Kind of Technology Does sUSD Use and How Does it Work?
sUSD uses:
- **Ethereum Blockchain**: As an ERC-20 token, sUSD functions on the Ethereum network, making it compatible with the majority of DeFi platforms and wallets.
- **Synthetix Protocol**: In the Synthetix network, sUSD is minted when one locks up SNX in a collateral setup; a decentralized over-collateralization mechanism maintains the peg.

## What Makes sUSD (SUSD) Price?
Factors that affect the price of sUSD:
- **Collateralization**: The value and stability of collateral backing, mainly SNX tokens.
- **Market Demand**: For trading and DeFi operations using sUSD.
- **Peg Stability**: The ability to maintain its 1:1 peg with the U.S. dollar through Synthetix's collateralization and liquidation mechanisms.

## How Many sUSD (SUSD) Tokens Are in Circulation?
sUSD currently has 23,073,281 tokens circulating in the market.

## Total Supply Of sUSD (SUSD)
The total supply of sUSD is 23,073,281, similar to the maximum supply.

## What Is The Maximum Supply Of sUSD (SUSD)?
It is the same as its total supply: 23,073,281 tokens. The supply is an amount that can be varied; it will all depend on the amount of collateral that will have been locked within Synthetix.

## What Is sUSD (SUSD) Used For?
- **DeFi Applications**: sUSD can be used in a variety of DeFi applications, including lending, borrowing, and yield farming.
- **Synthetic Asset Trading**: Its purpose is to be a stable medium for trading synthetic assets in the Synthetix ecosystem.
- **Stable Payments**: It is available for use as a stable digital currency for payments and transactions.

## Tokenomics of sUSD (SUSD)
sUSD Tokenomics:
- **Over-Collateralized Model**: SNX is staked to mint sUSD, and the system is thus kept stable through over-collateralization.
- **Supply Flexibility**: The supply of sUSD is elastic, based on the amount of collateral locked within the Synthetix system.

## What is the All-Time High and All-Time Low for sUSD (SUSD)?
- **All-Time High**: $2.45 on February 18, 2020
- **All-Time Low**: $0.4297 on March 18, 2020

## Where to Buy sUSD (SUSD)?
You can buy the sUSD token from a number of major cryptocurrency exchanges, among which are:
- **Uniswap**
- **SushiSwap**
- **1inch**
- **Curve Finance**

## Who Invested in sUSD (SUSD) Early?
sUSD is a component of the Synthetix platform, which evolved from the stablecoin project Havven. Early supporters of Synthetix included both crypto venture capital funds and retail supporters.

## What Are the Revenue Streams of sUSD (SUSD)?
The revenue streams associated with sUSD are as follows:
- **Trading Fees**: The fee charged on a per-trade basis of synthetic assets within the Synthetix ecosystem.
- **Staking Rewards**: These SNX stakers earn from locking their collateral and minting sUSD.
- **Liquidity Incentives**: sUSD holders can provide liquidity on decentralized exchanges and earn incentives.