Aegis is a stablecoin platform backed by Bitcoin. Its YUSD is completely independent of the fiat banking system and is designed to protect savings from fiat hyperinflation. Aegis effectively profits from funding fees by performing funding rate arbitrage through delta-neutral trading in the spot and perpetual contract markets. Aegis will also provide an easy-to-use platform through a partnership with Riverside Hedge to enable people to access DeFi and achieve instant liquidity of funds.
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Aegis is not audited by CertiK.
The information about this project is gathered from third parties sources, and CertiK does not guarantee the accuracy of the information. Conduct your own due diligence before deciding to use any info listed at this page.