Earn

You have multiple choices to earn on your USDaf!

Option 1: sUSDaf - A simple, one-click solution

sUSDaf is an auto-compounding, auto-rebalancing, ERC-4626 yield-bearing token built in partnership with Yearn on Yearn v3.

sUSDaf is the best and easiest way to earn on your USDaf in one click: https://usdaf.asymmetry.finance/earn

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: Frax AF Pool (LP)

• The Frax AF LP on Curve is the hub for USDaf/frxUSD liquidity on Curve. Co-incentivized along with our friends at Frax. LP's earn real rewards plus a Gem boost!

  • 1) Deposit USDaf or frxUSD on Curve to receive LP tokens:

    https://www.curve.finance/dex/ethereum/pools/factory-stable-ng-583/deposit

  • 2) Deposit LP tokens on StakeDAO to earn: https://stakedao.org/yield?search=0xE424b21a40CAd025B2f806B9a2d32Fdeaa78eE58

  • 2) Alternatively, Deposit LP tokens on Convex: https://curve.convexfinance.com/stake/ethereum/507

Option 3: AF Curve Stable Pool (LP)

• The AF Curve Stable Pool on Curve is the hub for USDaf/scrvUSD liquidity on Curve. LP's earn real rewards plus a Gem boost!

  • 1) Deposit Stables on Curve to receive LP tokens: https://www.curve.finance/dex/ethereum/pools/factory-stable-ng-516/deposit/

  • 2) Deposit LP tokens on StakeDAO to earn: https://stakedao.org/yield?search=0x3e56EC9bD2992D9220eD615CEaeC59613cCac730

  • 2) Alternatively, Deposit LP tokens on Beefy, which also offers Nexus Mutual Insurance options: https://app.beefy.com/vault/curve-scrvusd-usdaf

Option 4: DeFi Stable Avengers Pool (LP)

• The DeFi Stable Avengers Pool on Curve is the hub for USDaf/USDC/BOLD/fxUSD liquidity on Curve. Stake LP tokens on Convex. LP's earn real rewards, plus a Gem boost!

  • 1) Deposit Stables on Curve LP to receive LP tokens: https://www.curve.finance/dex/ethereum/pools/factory-stable-ng-546/deposit

  • 2) Deposit LP tokens on Convex to earn: https://fx.convexfinance.com/stake/ethereum/4

Option 5: LQTY Forks Pool (LP)

• The LQTY Forks Pool on Curve is the hub for USDaf/BOLD/ebUSD/USDfi liquidity on Curve. Stake LP tokens on StakeDAO. LP's earn real rewards, plus a Gem boost!

  • 1) Deposit Stables on Curve to receive LP tokens: https://www.curve.finance/dex/ethereum/pools/factory-stable-ng-564/deposit

  • 2) Deposit LP tokens on StakeDAO to earn: https://stakedao.org/yield?search=0xF575337B54C101111DA80B7a2e5440F6177BFF1a

Option 6: Uniswap v4 (LP)

• Uniswap v4 is the hub for USDaf/USDT liquidity on Uniswap. Supplying USDT to this LP earns fees

  • Pool Address: https://app.uniswap.org/explore/pools/ethereum/0xcd799508ddaa319e608547d3291a1a512da9a9acdd40599d89019ec82e3cf1e8

Option 7: USDaf on Euler

• Watch Asymmetry's Walkthrough Guide on Euler, all options earn Gems!

• https://app.euler.finance/?market=frontier-asymmetry&network=ethereum

Option 8: USDaf on Pendle

• Watch Asymmetry's Walkthrough Guide on Pendle, all options earn Gems!

• USDaf LP: https://app.pendle.finance/trade/pools/0x8bf03acbf1c2ac2e487c80678de7873c954525d2/zap/in?chain=ethereum

• sUSDaf LP: https://app.pendle.finance/trade/pools/0x233f5adf236cab22c5dbdd3333a7efd8267d7aee/zap/in?chain=ethereum

Option 9: 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.