Tokens (ALUD & ALUR)

The two native tokens of the Alluria protocol.

ALUD — Stablecoin

Address (Sepolia): 0x41B07704b9d671615A3E9f83c06D85CB38bbf4D9

Property	Value
Name	Alluria Dollar
Symbol	ALUD
Decimals	18
Peg	$1.00 USD
Type	CDP-backed stablecoin

Minting: ALUD is minted when users borrow against their collateral by opening or expanding a trove.

Burning: ALUD is burned when users repay debt, or when the Stability Pool absorbs liquidated trove debt.

Redemption: ALUD holders can redeem 1 ALUD for $1 worth of collateral (minus 0.5% fee) at any time, ensuring the peg holds.

ALUR — Governance Token

Property	Value
Name	Alluria
Symbol	ALUR
Decimals	18
Type	Governance & fee-sharing token

Staking: ALUR holders can stake their tokens to earn a share of protocol fees generated from borrowing and redemptions.

Price Feed: ALUR price is derived from the Eloqura DEX ALUR/USDC pool reserves.

Token Interactions

Collateral deposited → ALUD minted (borrow)
ALUD repaid → ALUD burned (close debt)
ALUD redeemed → Collateral returned (0.5% fee)
ALUD in Stability Pool → Absorbs liquidation debt
ALUR staked → Earns protocol fees