How To Earn AUSD Native Yield? 🤔 I wondered about this when I found out they shared their t-bill yield... Assumption: via index or rebase | Answer: neither Where Yield From? Backed 1:1, @withAUSD generates yield from its reserves managed by @vaneck_us & @StateStreet, consisting of short-term U.S. Treasury securities (T-bills), cash, & overnight repurchase agreements How Get Yield? Unfortunately, native yield is not shared with holders. Instead, yield is distributed to ecosystem partners. On Katana, the yield boosts: - AUSD Lending Markets: @MorphoLabs - AUSD Liquidity Pools: @SushiSwap How Much Yield? Agora doesn't explicitly announce it. But, we can expect ~4.4% APY based on the current constant maturity rate for 3-month T-bills Although not exciting, it's comparable to staking ETH & POL Now I understand why @katana chose AUSD as a core asset, despite its relatively low mcap. Their principles align perfectly: - AUSD yield incentivizes productive use of the token rather than idle holding - this practice also boosts native yields, resulting in adoption of core applications leading to deep liquidity
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