USDF: An Innovative Yield-Bearing Stablecoin

USDF is an innovative yield-bearing stable token backed by crypto assets and corresponding short futures positions. USDF offers you a unique opportunity to earn passive income on your stablecoin holdings. USDT and USDF are fully convertible at a 1:1 ratio, with a 0.1% fee. Minting USDF on Astherus can unlock greater earning potential in the near future. Enjoy:

• 3x Au Points Multiplier when you hold USDF

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.

Mint USDF here: https://astherus.finance/en/usdf

Why use USDF:

• Secure & Transparent: Supported by top exchanges with custodial services provided by Ceffu

• Robust Stability: Backed by crypto assets and corresponding short futures positions.

• Maximize Your Yield: Earn from USDF's base yield, arbitrage opportunities and additional rewards.

How does USDF work:

You can mint USDF tokens using USDT. At launch, there will be a minting cap of 2 million USDF, with subsequent minting opportunities based on market and community feedback. The detailed process is as follows:

• Alan mints 999k USDF (after a 0.1% fee) by depositing 1M USDT into the minting contract.

• The 1M USDT is used to open a position in the Ceffu custodial account.

• The trading team, after taking a 1k USDT fee, uses the remaining 999k USDT to buy tokens on top exchanges and short on the futures market.

How to mint USDF:

1. Go to the [USDF] tab on the Astherus website. Click [Connect Wallet] and sign the message.

2. You can deposit USDT with your DeFi wallet. Currently, you can only deposit USDT using BSC chain to mint USDF.

3. Click [Approve USDT].

4. Enter your desired USDF value. Click [Mint USDF]. Click the confirm button to proceed.

5. Once confirmed, you have minted USDF successfully. USDF is currently under the fundraising period and redemptions (USDF to USDT) will only be opened once the arbitrage strategy begins.

FAQs

What is USDF?

USDF is a token minted by depositing USDT. USDT and USDF are fully convertible at a 1:1 ratio. The contract address is 0x5A110fC00474038f6c02E89C707D638602EA44B5.

What yield sources does USDF have?

Holding USDF earns you 3x Au points. Au points grant an allocation of the $ASS airdrop.

What is the minting fee?

The minting fee is 0.1%. For example, if Alice deposits 1000 USDT to mint USDF, she will receive 999 USDF.

How to mint USDF?

You can mint USDF by depositing USDT tokens on the BSC chain and clicking the [Mint] button. There is a mint threshold of 2 million USDF at launch. Subsequent mints will be made available dependent on market and community feedback.

What is the redemption fee?

The redemption fee is 0.1%. For example, if Alice redeems 1000 USDF, she will receive 999 USDT in return. USDT tokens are claimable after 1 to 7 days of submitting the request for redemption. Redemption of small amounts are available immediately after one day, while large amounts may take up to one week.

How to redeem USDF (USDF to USDT)?

Redemption is temporarily unavailable during the ‘fundraising’ period. After the ‘fundraising’ period, you can redeem USDF by clicking the [Redeem] button. USDT tokens are claimable after 1 to 7 days of submitting the request for redemption. Redemption of small amounts may be available immediately after one day, while large amounts may take up to one week.