Mint asBTC
Last updated
Last updated
AstherusEarn presents an innovative DeFi product where you can deposit your BTC to mint asBTC, offering both security and high earning potential. This collaboration aims to revolutionize asset management by providing a
5x Au Points Multiplier.
2-6% APY by employing stable trading strategies, distributed back to holders and reflected in the net asset value of asBTC.
Ecosystem yield in partnership with Lista DAO, for additional incentives in the future.
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.
1. Go to AstherusEarn. Click [Connect Wallet] and sign the message.
2. You can deposit BTC with your DeFi wallet. Currently, you can only deposit BTC using BSC chain.
3. Select BTC from the dropdown menu. Click [Approve BTC].
4. Enter your desired BTC value. Click [Mint asBTC]. Then click the confirm button to proceed.
5. Once confirmed, you have minted asBTC successfully. If you want to withdraw asBTC and get BTC tokens back, please enter the amount and click [Request Withdraw].
6. Once confirmed, the withdrawal will be processed within 14 days. You can check the status under [Claim].
What is asBTC?
asBTC is an asToken minted by depositing BTC on AstherusEarn. Holding asBTC earns you rewards. The token contract address is: 0x184b72289c0992BDf96751354680985a7C4825d6.
Can I withdraw my asBTC at any time?
Yes, withdrawals are subject to a 14 day waiting period.
How is the APY generated?
Your deposited BTC on AstherusEarn will be used to employ stable trading strategies. The returns generated from the strategies are distributed back to you and reflected in the net asset value of asBTC. Note that during the fundraising period, you will only earn Au points. You will start earning APY once AstherusEarn has accumulated sufficient funds to commence with its planned trading strategies. To see asBTC APY, visit: https://astherus.finance/en/earn.
How do I get the Au Multiplier?
By minting asBTC, you automatically benefit from a 5x Au Multiplier. Au points give you an allocation of $ASS airdrop.
What is Ceffu, and is it secure?
Ceffu is an institutional digital asset platform that offers comprehensive custody and liquidity solutions. It is designed to securely manage and utilize your crypto assets efficiently. With advanced security protocols and risk management measures in place, Ceffu ensures that your Assets are stored and handled with the highest levels of safety and reliability.
What are the risks involved?
We have conducted thorough smart contract audits to ensure the security and reliability of the platform. In addition, we implement robust risk management protocols to protect your funds at all times.
Are there any fees involved?
There are no fees to mint or withdraw asBTC. You can manage your assets freely without incurring additional costs.