Alpaca USD [AUSD]
AUSD is an auto-farming stablecoin that earns passive yields for you in the background
Alpaca USD Market CapN/A
24h Trade Volume
All-Time-High (ATH) Price
Alpaca USD's current price is $ 0.970, it has increased +0.43% over the past 24 hours.
Alpaca USD's All Time High (ATH) of $ 0.973 was reached on 13 Jan 2022, and is currently -0.39% down.
Alpaca USD Live Chart
Alpaca USD price Index provides the latest AUSD price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Alpaca USD to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
AUSD to USD Converter
What is Alpaca USD
AUSD is an auto-farming stablecoin that earns passive yields for you in the background. Now, instead of paying for loans, you can get loans while earning on your collateral. AUSD is overcollateralized, decentralized, and reinforced with multi-layered pegging mechanisms so that it does the one thing stablecoins are supposed to do--remain stable at $1.
Lenders in Alpaca Finance can collateralize their deposits(ibTokens) to borrow AUSD, which they can use inside and outside Alpaca Finance to earn additional yields. Lenders are thus able to continue earning Lending APR and Staking APR, while also borrowing AUSD to use as they see fit, unlocking even higher profit potential and greatly increasing the flexibility and use cases of their capital.
Some potential uses of AUSD include:
- Staking AUSD to earn additional yields
- Selling AUSD into lending assets to leverage up lending positions (can also borrow more AUSD)
- Selling AUSD into other assets to open high-yield leveraged yield farming positions
- Selling AUSD into other assets to deploy in external protocols.