Astherus USDF – Yield-Bearing Stablecoin

## What is Astherus USDF? Astherus USDF is an innovative **yield-bearing stablecoin** issued by the Astherus platform. It is fully collateralized and pegged 1:1 to USD via USDT, meaning 1 USDF is always equivalent to 1 USDT (approximately 1 USD). Unlike regular stablecoins, USDF allows holders to **earn passive income** simply by holding or staking it. Backed by crypto assets with a corresponding short futures position, Astherus USDF maintains a **delta-neutral** strategy to generate yield while preserving its stable value. ## Key Features of Astherus USDF - **Secure & Transparent:** USDF is supported by top-tier exchanges and employs institutional-grade custody through **Ceffu** (a Binance-affiliated custodian) to safeguard assets. All smart contracts are fully audited for reliability and security. - **Robust Stability:** Astherus USDF is fully backed by crypto assets and mirror short positions, ensuring price stability at 1 USDF = 1 USD. This **collateralized stablecoin** design maintains a stable peg while using a **CeDeFi** approach (combining CeFi security and DeFi innovation). - **Passive Yield Generation:** USDF isn’t just a static stablecoin; it **earns yield**. The underlying strategy uses deposited USDT to earn trading fees and arbitrage profits via delta-neutral positions, which are then passed on to enhance yields for USDF holders. - **Au Point Rewards:** When you mint USDF on Astherus, you earn **Au points** as a reward. Au points provide additional benefits such as eligibility for airdrops (for example, allocations of the upcoming $ASS token airdrop), incentivizing early adopters of USDF. - **No Minting Fee & Low Redemption Fee:** Converting USDT to USDF incurs no fee – if you deposit 100 USDT, you receive 100 USDF. Redeeming USDF back to USDT has only a minimal 0.1% fee, making it cost-effective to enter and exit positions. - **High Yield via asUSDF:** Users can further boost their passive income by converting USDF into **asUSDF** (staked USDF). By staking USDF on Astherus Earn to mint asUSDF, you can earn additional yield – up to **30% APY** – on top of the base stability. This allows you to maximize returns while still effectively holding a stablecoin. ## How Does Astherus USDF Work? Astherus USDF operates on the BNB Chain (Binance Smart Chain) and integrates both decentralized and centralized finance elements: 1. **Minting (USDT to USDF):** Users deposit USDT into the Astherus smart contract. For every USDT deposited, one USDF is minted. These USDT funds are managed through Astherus’s custodial account via Ceffu. 2. **Delta-Neutral Strategy:** Astherus uses the deposited collateral to open offsetting positions: it buys crypto assets on spot markets and simultaneously opens equivalent short futures positions. This hedging technique is known as a **delta-neutral arbitrage strategy**. It ensures that whether market prices rise or fall, the net value remains stable, which protects the USDF peg and generates a steady yield from trading fees, funding rate differences, or arbitrage. 3. **Earning Yield:** The profits from this strategy (e.g. interest, trading fees, and arbitrage gains) are used to provide yield to the Astherus platform. Part of the yield is distributed to users who stake their USDF as asUSDF, enabling those users to earn high APY on a stable asset. 4. **Maintaining the Peg:** Because every USDF is backed by an equivalent value in USDT (and corresponding hedged assets), users can always redeem 1 USDF for roughly 1 USDT (minus a small redemption fee). This collateralized model and active arbitrage ensure USDF remains pegged closely to $1. ## How to Mint USDF (Converting USDT to USDF) Minting USDF is straightforward: 1. Visit the Astherus platform’s **USDF page** and connect your compatible crypto wallet (e.g. MetaMask, Binance Wallet) to BNB Chain. 2. Ensure you have USDT (BEP-20) in your wallet. Currently, Astherus supports minting via Binance Smart Chain (BSC). 3. Enter the amount of USDT you wish to convert and approve the transaction to allow Astherus to use your USDT. 4. Click **Mint USDF**. Once the transaction is confirmed on-chain, you will receive an equal amount of USDF in your wallet (e.g. converting 500 USDT yields 500 USDF). 5. As you mint USDF, you will automatically earn Au points as a bonus reward for participating. ## How to Redeem USDF (Converting USDF back to USDT) Redeeming USDF for the underlying USDT is equally simple: 1. On the Astherus USDF page, connect your wallet and navigate to the **Redeem** section. 2. Enter the amount of USDF you want to redeem (convert back into USDT). The interface will show the equivalent USDT you will receive and the small 0.1% redemption fee that will be deducted. 3. Approve the spend of your USDF, then click **Redeem**. 4. Your redemption request will be submitted. Most redemptions are processed quickly (often within a few hours up to 2 days). For very large amounts, redemptions can take up to 7 days for risk management reasons. 5. Once the waiting period (if any) is over, click **Claim** to retrieve your USDT. You will now have your USDT back in your wallet. *Note:* During any waiting period for redemption, your USDF stops accruing new Au points or yield, since those USDF are earmarked for conversion. However, you are assured of receiving your USDT once the period ends, thanks to the fully backed reserve. ## Understanding asUSDF (Staked USDF for Higher Yield) **asUSDF** is a staked version of USDF that enables higher yields: - When you stake your USDF in **AstherusEarn** (the Astherus earning pool), you receive asUSDF in return. This asUSDF represents your position in the yield pool. - asUSDF earns a higher APY, up to ~30%, by accumulating the yields generated from Astherus’s strategies (trading fees, arbitrage, etc.). This APY can fluctuate based on market conditions and the performance of underlying strategies, but it offers significantly higher returns compared to just holding USDF. - You can convert back from asUSDF to USDF at any time by unstaking, if you want to stop earning the extra yield. This flexibility means you can always return to the base stablecoin without losing the peg or value (aside from any small transaction fees or timing of rewards). - In summary, asUSDF is ideal for users who want to maximize passive income from their stable holdings, while USDF alone is ideal for those who prioritize liquidity and immediate 1:1 convertibility. ## Why Choose Astherus USDF? Astherus USDF combines the stability of a traditional stablecoin with the earning potential of DeFi, making it attractive for a variety of users: - **Passive Income on Stable Assets:** If you typically hold stablecoins like USDT, switching to USDF allows you to earn additional rewards and yield without exposing yourself to volatility. It’s a way to put idle stable assets to work and earn **passive crypto income** safely. - **Trusted Security and Audits:** Astherus leverages Binance’s Ceffu custody services to securely manage collateral, and its smart contracts have been audited. This provides confidence that your funds and the peg are protected by robust security measures. - **Seamless DeFi Integration:** USDF is built on BNB Chain and can be used in various DeFi applications. You can trade USDF on supported exchanges or deploy it in liquidity pools, just like any other stablecoin, while still benefiting from its unique yield generation features. - **No Cost to Enter or Exit:** With zero fees to mint and only 0.1% to redeem, Astherus USDF is cost-effective. You won't lose value converting in or out, unlike some platforms that charge high fees or incur slippage on trades. - **Community & Growth Rewards:** By earning Au points when minting USDF, users gain access to extra rewards like airdrops and other ecosystem incentives. Early participants in Astherus USDF can directly benefit from the platform’s growth (for example, receiving allocations of Astherus’s native tokens). ## Conclusion **Astherus USDF** is more than just another stablecoin – it’s a stablecoin that works for you. Through its carefully engineered mechanism, it offers the best of both worlds: the reassurance of a fully-backed USD-pegged asset, and the opportunity to earn yields typically found in more volatile investments. Whether you are a DeFi enthusiast looking for a safe parking spot for your funds with a yield, or a newcomer seeking a reliable crypto asset with passive income, USDF provides a compelling solution. By incorporating Astherus USDF into your portfolio, you can maintain stability while earning attractive returns, all on a secure and transparent platform. Take advantage of this innovative stablecoin to make your crypto assets more productive **without sacrificing security or simplicity**. **Start minting USDF today** on Astherus and unlock the potential of your stablecoins to earn passive income in the world of decentralized finance.