asUSDF
Deposit USDF to mint asUSDF, which offers both security and high earning potential. asUSDF generates real yield on your holdings:
By employing neutral arbitrage strategies, asUSDF generates an APY distributed back to holders, reflected in the net asset value of asUSDF.
Holders earn from funding rates, reflected in the net asset value of asUSDF.
asUSDF holders earn an upsized 3x Au points.
The protocol automatically generates optimal neutral arbitrage strategies, RWA and onchain strategies for maximal capital efficiency of user assets and high base yield. This contributes to total yield of around 20-30% APY.
Fund security is prioritized through Ceffu, a trusted third-party custodian, and stringent risk control measures ensure safety. Smart contracts are fully audited to guarantee their reliability.
How to mint asUSDF:
1. Go to AstherusEarn. Click [Connect Wallet] and sign the message.
2. Select USDF from the dropdown menu. Click [Approve USDF].
3. Enter your desired USDF value. Click [Mint asUSDF]. Then click the confirm button to proceed.
4. Once confirmed, you have minted asUSDF successfully. asUSDF is currently under the fundraising period and withdrawals will only be allowed once the planned arbitrage strategy begins.
asUSDF FAQ
What is asUSDF?
asUSDF is an asToken on AstherusEarn and minted using USDF. Holding asUSDF allows you to earn additional rewards.
How is asUSDF APY generated?
asUSDF APY is generated from neutral arbitrage strategy returns, short position funding rates and Au points. The protocol automatically generates and executes optimal neutral arbitrage strategies, RWA and onchain strategies for maximal capital efficiency of user assets and high base yield of around 10-15%. Au points obtained from holding asUSDF generates around 10% APY. This contributes to a total yield of around 20-30% APY. Returns from these strategies and funding rates are distributed back to you as APY, which is reflected in the net asset value of asUSDF. Note that there is also a ‘fundraising’ period to accumulate asUSDF liquidity. During this period, you will only earn Au points for holding asUSDF. You will start earning APY once the arbitrage strategies commence.
What other yield sources does asUSDF have?
Holding asUSDF earns you 3x Au points, which grant an allocation of the $ASS airdrop.
Can I withdraw my USDF (asUSDF to USDF) at any time?
Withdrawals are temporarily unavailable during the ‘fundraising’ period. After this period, withdrawals will be available but subject to a 7–14 day waiting period.
What is Ceffu, and is it secure?
Ceffu is an institutional digital asset platform that provides custody and liquidity solutions. It securely manages and utilizes your crypto assets through advanced security protocols and risk management measures, ensuring the highest levels of safety and reliability.
What are the risks involved?
We conduct thorough smart contract audits to ensure platform security and reliability. Additionally, robust risk management protocols are in place to protect your funds.
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