Introduction to Aesyx
About Aesyx
Aesyx is a next-generation dollar pegged asset platform built on Avalanche, focused on helping you unlock more from your assets. It is an optimised fork of LiquityV2, and empowers users to mint $AXD (a dollar pegged asset) by collateralizing assets such as sAVAX, BTC.b, and more. Whether you’re borrowing, saving, or growing your yield, Aesyx offers a stable, on-chain foundation you can rely on — all without having to sell what you own.
$AXD: Your Stable Foundation on Avalanche
Aesyx is a synthetic dollar protocol designed to give you simple, reliable ways to put your assets to work.
Borrow $AXD Against Your Assets
You can deposit tokens like sAVAX, BTC.b, and other majors as collateral to mint $AXD — a dollar pegged asset that stays closely pegged to the US dollar. This lets you unlock value from your assets without needing to sell them.
Earn with Aesyx Stability Pools
When you deposit $AXD into a Stability Pool, you help secure the system — and get rewarded for it. Stability Pools tied to specific collateral types offer you most of the interest earned, plus liquidation profits along the way. It’s a hands-off way to grow your $AXD and earn more over time, with options to automatically reinvest your rewards.
Fully On-Chain, Always Accessible
$AXD is always redeemable for $1 worth of Aesyx collateral. It’s built entirely on Avalanche, meaning there’s no reliance on off-chain systems — your savings stay secure for as long as the network does.
Whether you’re an active DeFi user or prefer a more relaxed, hands-off approach, Aesyx gives you a stable, trusted way to make the most of your assets.
Why Aesyx — and What Makes It Different
Aesyx offers a simple yet powerful platform for borrowing, saving, and earning — all without relying on traditional finance or centralized custodians.
Here’s why users are choosing Aesyx to build their on-chain strategies:
Flexible, User-Set Interest Rates
With Aesyx, borrowers can set their own fixed Interest Rates when minting $AXD. This creates a dynamic, market-driven environment that adapts to your strategy and evolving market conditions.
Instant Access to Liquidity
By depositing trusted Assets as Collateral, you can unlock $AXD immediately, no need to sell your holdings. This gives you greater flexibility to deploy your capital where you need it most, while keeping long-term exposure to your assets.
Strong, Audited Security
Aesyx builds on the proven Liquity V2 codebase, which has undergone extensive third-party audits and formal verification. All Aesyx-specific changes are independently audited, ensuring your funds are secured by resilient, transparent smart contracts.
Direct Redemption Mechanism
At any time, $AXD can be redeemed for $1 worth of underlying Collateral through the protocol itself with no intermediaries needed. This strengthens the stability and reliability of $AXD, and ensures users can always exit on fair, predictable terms.
Last updated