# Our stablecoin: USN (& sUSN)
## USN
US **Noon**, or **USN**, is **Noon's** stablecoin. It maintains a 1:1 peg to the US Dollar. **USN** is deployed on Ethereum, ZKSync, Sophon, TAC & Starknet.
**Acquiring ****USN****:** Permissioned institutional users can mint **USN** on the **Noon** dapp (see [Minting & Redemption](/built-for-high-yields/our-stablecoin-usn-and-susn/minting-and-redemption.md)). All other users can acquire **USN** via pools on DEXes (Uniswap, Syncswap, Curve).
**Exiting ****USN****:** Permissioned institutional users can redeem **USN** on the **Noon** dapp. Redemption may be subject to daily limits, especially during the Public Beta period. All other users can sell **USN** via pools on DEXes.
**Benefits of holding ****USN****:** Users holding **USN** will receive a disproportionate amount of governance token (**$NOON**) rewards. They will **not** receive any raw yield.
**Collateral and Backing: ****USN** will always be backed 1:1 with USDT, USDC, or short-term U.S. Treasury Bills. Each of these assets will be held in secure, custodial wallets.
## sUSN
**USN** can be staked via the **Noon** dApp. Staking **USN** gives users access to a staking token, **sUSN**.
**Acquiring ****sUSN****:** All users can acquire **sUSN** by staking **USN** on the Ethereum Network on the **Noon** dApp, or buying **sUSN** via pools on DEXes
**Exiting ****sUSN****:** All users can unstake **sUSN** to receive **USN** on the **Noon** dApp, or sell **sUSN** via pools on DEXes. Unstaking **sUSN** will be subject to a cooldown period.
**Benefits of holding ****sUSN****:** Users holding **sUSN** will receive 80% of the raw returns of **Noon**. In addition, these users will also receive a small distribution of the **Noon** governance token (**$NOON**).
**Collateral and Backing:** Each **sUSN** token will represent a share of the **USN** that is held in the **USN** staking smart contract / pool. **sUSN** will always be fully backed by **USN**. The value of **sUSN** will be computed directly by dividing the **USN** held in the staking smart contract / pool by the number of **sUSN** in circulation.
**Value accrual to ****sUSN****:** On a daily basis, **Noon** will mint **USN** equivalent to the 80% of the daily protocol returns into the **USN** staking smart contract / pool. As the amount of **USN** in this smart contract / pool increases, the value of each **sUSN** will appreciate.
Additional details about the our stablecoin can be found in subsequent sections of this document.
---
# Agent Instructions: Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.
Perform an HTTP GET request on the current page URL with the `ask` query parameter:
```
GET https://docs.noon.capital/built-for-high-yields/our-stablecoin-usn-and-susn.md?ask=
```
The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.
Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.