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: Curve AF Power Pool (LP)

Option 4: Uniswap v4 (LP)

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