Convert Joseon Mun JSM to Staked YUSD SYUSD

Joseon Mun (JSM) is the national currency of Joseon, the first legally recognized cyber nation- state in the world. JSM is a foreign currency in other jurisdictions while still being a blockchain currency. This makes JSM the first unbannable cryptocurrency in the world. Joseon also provides a safe-haven for crypto projects to domicile in its jurisdiction.Joseon is engaged in humanitarian efforts to expand its global impact. As the first sovereign cyber nation, Joseon is introducing the legal concept of a personal interest corporation (or “Denizen”), decoupling identity and reputation from a physical person.

Overview sYUSD is the yield-bearing, staked version of YUSD. When you deposit YUSD into the staking contract you receive sYUSD, which: Represents your proportional share of the staking pool. Automatically accrues BTC funding-rate yield. Appreciates in value relative to YUSD over time. Launch exchange rate: 1 sYUSD = 1 YUSD Afterwards: 1 sYUSD > 1 YUSD as rewards accumulate. The StakedYUSD smart contract implements the ERC4626 Token Vault standard for composability. This popular standard is widely used for onchain reward-accruing; thus, it is expected that other user interfaces beyond the Aegis.im dAPP may likely support YUSD staking in the future. Various deposit and redeem functions are exposed, enabling staking with or without a slippage threshold, and with or without an ERC2612 Permit signature authorizing the transfer of YUSD.