# 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](https://www.liquity.org/), 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.

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