Aesyx: Mechanics
Now say that quickly three times...
Key Goals of the Aesyx Protocol
Running a dollar pegged asset system comes down to solving two major challenges:
1. Keeping $AXD Close to $1
• Maintaining $AXD’s peg is essential for both Borrowers and depositors via Redemptions.
• Large price deviations could disrupt confidence and usage.
2. Handling Liquidations Efficiently
• Quick, fair Liquidations prevent bad debt from piling up.
• Healthy Liquidations ensure Aesyx stays fully solvent, even during market turbulence.
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