USDF Stablecoin
USDF is an innovative stablecoin 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 no minting fee. Enjoy:
20x Au Points Multiplier when you mint 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 high yield via asUSDF.
How does USDF work:
You can mint USDF tokens using USDT. The detailed process is as follows:
Alan mints 1M USDF 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 uses the 1M 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. Once confirmed, you have minted USDF successfully.
How to redeem USDF:
Go to the [USDF] tab on the Astherus website. Click [Connect Wallet] and sign the message. Click [Redeem] and [Approve USDF].
Insert the amount of USDF to redeem. You will see the corresponding amount of USDT and the redeem fee. Click [Redeem].
Your request will be processed and will appear under the Claim section. Please make sure BNB Chain is selected as the network so that you can view the Claim status. For most withdrawals, it takes 2 hours to 2 days to redeem USDF for USDT. For large withdrawal amounts, it may take up to 7 days. During the waiting period, you will not earn Au points. After the waiting period, remember to click [Claim] to claim your USDT tokens.
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?
Minting USDF earns you Au points. Au points grant an allocation of the $ASS airdrop.
What is the minting fee?
There is no minting fee. For example, if Alice deposits 1000 USDT to mint USDF, she will receive 1000 USDF.
How to mint USDF?
You can mint USDF by depositing USDT tokens on the BSC chain and clicking the [Mint] button.
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.
How to redeem USDF (USDF to USDT)?
Request to redeem USDF on the page. Your request will be processed and will appear under the Claim section. For most withdrawals, it takes 2 hours to 2 days to redeem USDF for USDT. For large withdrawal amounts, it may take up to 7 days. During the waiting period, you will not earn Au points. After the waiting period, remember to click [Claim] to claim your USDT tokens.
What is asUSDF?
asUSDF is an asToken. You can stake USDF in AstherusEarn to mint asUSDF and enjoy up to 30% APY.
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