Earn
Put your USDaf to work however you choose! There are multiple options to earn yield:
Option 1: sUSDaf - A simple, one-click solution
sUSDaf is a tokenized, auto-compounding, auto-rebalancing, ERC-4626 yield-bearing token built in partnership with Yearn on Yearn v3.
sUSDaf is the best way to earn on your USDaf in one click.
How does sUSDaf work?
sUSDaf enhances yield generation within the Yearn Finance ecosystem. When users borrow USDaf, they pay a fixed fee of their choice, with 75% of the fees directed to Stability Pools (SPs). These pools allow users to stake USDaf and earn additional USDaf plus liquidation collateral. Manual yield optimization across SPs is complex, but sUSDaf simplifies this by offering tokenized, one-click access. Using Yearn Finance’s vault infrastructure, sUSDaf auto-rebalances and compounds USDaf across all SPs hourly, ensuring optimal returns.Comparison
Without sUSDaf: Users manually allocate USDaf across Stability Pools to optimize yield, a time-consuming process.
With sUSDaf: Users access the highest USDaf yield via one-click tokenized access, backed by Yearn Finance vaults.
Technical Features of sUSDaf includes advanced features for efficiency and security:
Oracle-Free Design: Operates without external oracles, enhancing security massively with no external oracle dependencies
Liquidation Process: Collateral is sold and compounded into USDaf via a Dutch Auction on CoW Swap, ensuring at least market price with potential for better rates, improving user returns. See Yearn’s Dutch Auction article for more details
Yearn Vault Support: Built with battle-tested Yearn v3 Vaults.
Yearn's Technical Innovation
sUSDaf integrates with CoW Swap solvers for Dutch Auctions, enabling permissionless token sales. An off-chain bot monitors auction prices and CoW Swap quotes, submitting orders to the CoW Swap API when they align. This allows solvers to fill auctions seamlessly while third parties can also participate directly, maintaining a competitive, decentralized system.
Option 2: Individual Stability Pool
Stability Pool deposits: Earn protocol revenue by depositing USDaf into the various Stability Pools.
Depositing USDaf in a stability pool earns rewards form the fees that users pay on their loans. Also, in case the system needs to liquidate positions, the USDaf may be swapped to collateral.
Read more on individuals stability pools (SPs) in the 'How does USDaf generate yield?' section.
Option 3: AF Curve Stable Pool (LP)
The AF Power Pool on Curve is the hub for USDaf/scrvUSD liquidity on Curve. LP's earn real rewards paid out in DAI and Curve, plus a massive Gem boost!
Contract address: 0x3bE454C4391690ab4DDae3Fb987c8147b8Ecc08A
Option 4: Uniswap v4 (LP)
Uniswap v4 is the hub for USDaf/USDT liquidity on Uniswap
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