Introducing opASF
This is ASF - with Options
It’s time to build the Asymmetry 'War Chest' of Protocol Owned Liquidity
In 2025, we expect options - on shelves, in services, everywhere.
But in DeFi governance tokens?
Same stale chips. No variety. No value added to the protocol.
opASF changes that by building Protocol Owned Liquidity (POL)
opASF is Asymmetry’s reward derivative, modeled after @eulerfinance's successful rEUL framework.
Its goal? To build a War Chest of protocol-owned, revenue-generating assets like vlCVX, vePENDLE, and staked LQTY.
No more renting liquidity.
Bribes in Curve/Convex are efficient - sometimes $1 in bribes returns $1.77 in emissions.
Incredibly efficient - But they are a relentless hamster wheel.
Protocols pay again and again.
This model has failed repeatedly. Andre Cronje citing this exact issue.
Protocols are stuck in a loop, trading tokens for temporary growth.
When the incentives dry up, so does the TVL...
Euler broke the cycle.
With just $2.9M in rEUL rewards, they added ~$1.3B in TVL.
That's a ~420x return on investment...
The secret? Aligning ecosystem participants long term, rather than rewarding mercenary liquidity farmers.
@eulerfinance opASF builds on that model - and adds game theory and POL.
Each opASF is redeemable for ASF at a discount.
The longer you lock, the bigger the discount (10–50%).
Min lock: 30 days. Max: 52 weeks.
opASF isn’t just a rewards token - It’s the engine for building the Asymmetry War Chest.
All proceeds go toward purchasing productive assets that feed liquidity back into the ecosystem in perpetuity.
Long-term sustainability, not short-term renting.
Want governance power too? You get it.
Exercising opASF grants veASF during the lock period, letting users participate in governance and, subject to gov vote, revenue sharing.
The TL;DR:
Rent banana trees forever - or own them?
With opASF, Asymmetry chooses ownership.
A sustainable, self-sufficient protocol.
Users win. The protocol wins.
opASF launches next week.
Read the full Press Release for more:
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