# About Nondollar.life

**nondollar.life** is built on a simple idea:

> Convert currency volatility into yield.

Non-usd currencies like EURO, KRW, JPY and others **move against the US dollar every day**, creating volatility that traditional finance markets actively trade.

Yet in DeFi, this volatility is mostly **left unused**.\
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Also, there is no way for users to hedge their exposure of these currencies onchain.

This observation led to the development of **nondollar.life,** a protocol designed to convert **currency volatility into yield** for non-USD assets.

This creates a new category of DeFi yield, one derived from **currency movements rather than lending or inflationary rewards**. \
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Users can hedge EURO/KRWQ and other currencies at 0 cost and also earn double digit yields on them. \
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The system works by:<br>

* Tracking daily currency movements
* Converting volatility into **Hedge Yield**
* Distributing this yield to users holding non-USD stablecoins

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At the same time, other users can deposit USD stablecoins like **USDC/USDT** in dCDS to earn premiums by taking the other side of this exposure.