Why $ASF?

$ASF - Asymmetry Finance Governance token will govern all pillars of the Asymmetry ecosystem, including the groundbreaking high-yield synthetic dollar: USDaf.

$ASF on Fjord Foundry sold out all $3,000,000 (51,000,000 $ASF) within 36 hours!

Why $ASF? (Written Pre-Fjord Sale + Pre-USDaf launch)

Asymmetry is already a revenue powerhouse. It is on pace to generate millions in user revenue - without relying on the typical DeFi tactic of printing governance tokens to unsustainably inflate yields.

All revenue was directed back to users of the platform. Asymmetry's commitment to putting the community first is clear through its real, sustainable revenue generation and redistribution.

Asymmetry pioneers novel ways of combining composable DeFi pieces to deliver users the highest yield on the market. First with ETH Staking and Convex wrappers, and now revolutionizing the synthetic dollar: USDaf.

Why will USDaf be important for $ASF holders?

USDaf is inspired by DAI's successful and resilient Collateralized Debt Position (CDP) model and achieving yield akin to Ethena – the first secure inflation-resistant stablecoin to hit this trillion-dollar market.

DAI is the longest-existing stablecoin in crypto – proving the resilience of a CDP dollar. Ethena has become a household name due to its rapid success. However, Ethena was created for institutions – whereas USDaf is created for everybody. Ethena requires centralized entities to be at play, while they take dollars off-chain to generate yield. Crucially, USDaf is permissionless and decentralized.

DAI’s market cap tops $6B, exemplifying the desire within DeFi for a CDP model, but the yield isn’t high.

Ethena scaled to over $3B in TVL in mere months – proving demand for a high-yield dollar.

USDaf is a hybrid of these: a CDP model stablecoin, and delivering a high-yield dollar. An on-chain dollar, accessible to all, that consistently outpaces inflation, with no manual transactions to claim yield.

USDaf is a set-and-forget stablecoin built for the masses - designed to be so easy that your mom can use it.

Asymmetry believes in core crypto values of transparency, decentralization, and open-source smart contract based solutions. Thus, Asymmetry has designed an entirely on-chain high-yield synthetic dollar: USDaf👇

• On-Chain Dollar

• 15-40% APY + Inflation Resistant

• CDP Design

• Permissionless + Scalable

• Trillion Dollar Opportunity

• Decentralized DAO Governance

Upon launch, Asymmetry, backed by strong partners, aims to capture over $1B in TVL. As trust and reputation grow, Asymmetry can leverage its connection with F-Prime, Fidelity Investments’ token fund affiliate, to attract further institutional expansion.

With 15-40% APY, $ASF holders could vote to turn on a portion of fees for users, capturing a spread of the revenue. For example, a 3% spread on $1,000,000,000 in TVL represents $30M in annual revenue passed to $ASF holders, all while delivering a high-yield synthetic dollar that still far outpaces inflation.

USDaf is bringing unprecedented utility to the Ampleforth community, with the 5-year-strong AMPL community eagerly awaiting product launch.

USDaf will launch *after* $ASF TGE, so the decentralized community will have power over where protocol revenue is directed.

How will USDaf be governed?

That’s a lot of power! Far too much for a centralized group behind closed doors to manage.

$ASF holders will govern the ecosystem, revenue, and future.

Asymmetry is allocating a bold 10% of the total token supply to retail in the Fjord $ASF Sale, at a valuation many believe to be below its fair market value. Why? To get USDaf into the hands of as many people as possible.

Opting to host the $ASF sale on Fjord Foundry sale was designed with minimal barriers to entry, for all to take part, and become a part of the Asymmetry DAO’s future.

The sale is intentionally held *before* the launch of USDaf, protocol growth and expansion, for early community members to reap the full benefits of Asymmtery’s future.

Asymmetry is built for the people, and so it shall be governed by the people.

In addition, as Asymmtery's product catalogue continues to grow beyond USDaf too, all future products are all designed with $ASF at the core of the ecosystem. $ASF's possibilities are endless.