Earning with sUSDaf
Last updated
Last updated
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.
The magic of sUSDaf lies in its ability to simplify and enhance yield generation. When users borrow USDaf, they pay a fixed fee of their choosing, with 75% of those fees flowing into Stability Pools (SPs).
These pools allow users to stake their USDaf and earn additional USDaf, plus collateral from liquidations. Manually optimizing yield across multiple SPs can be a time-consuming and stressful task — sUSDaf eliminates that complexity.
With tokenized, one-click access, sUSDaf leverages Yearn Finance’s vault infrastructure to automatically rebalance and auto-compound USDaf across all SPs every hour, ensuring users always capture the highest possible returns.
In short:
Without sUSDaf? Users would be trying to allocate their USDaf across different Stability Pools in order to optimize yield, a difficult and manual process.
With sUSDaf: Users get tokenized one-click access to the highest yield on USDaf, with the security of YearnFi vaults too.
sUSDaf is unique thanks to its cutting-edge features. sUSDaf operates without oracles, removing external dependencies and bolstering security.
This guarantees at least CoW Swap’s market price, with the potential for even better rates for the user, enhancing efficiency and user returns. Backed by Yearn’s battle-tested vaults, sUSDaf combines reliability with innovation.
During liquidations, collateral is sold and compounded into more USDaf via a novel Dutch Auction mechanism on CoW Swap. (Further reading: )
