Partnership with Aurelius Finance Brings aUSD to Lynx
Lynx is happy to announce its collaboration with Aurelius Finance on Mantle, and the listing of their aUSD token as a collateral asset on Lynx.
- New Token Listing: aUSD
- Partner Protocol: Aurelius Finance
- Supported Chain: Mantle
Aurelius issues interest-free loans denominated in the $aUSD stablecoin. Instead of paying interest, users pay a 0.5% issuance fee, meaning they don’t need to worry about micro-managing their position.
While aUSD mechanics establish a soft peg to the US dollar, its true value lies in a range between $0.995 and $1.08. The reason for this is due to the minting and redemption features available to aUSD holders.
Details of the Integration
Listing aUSD as a collateral asset on Lynx brings new utility to the token. Users who hold aUSD can now trade perps using their aUSD as collateral, offering them exposure to various alternative assets without needing to sell any of their token holdings.
Holders of aUSD can open long/short positions with up to 100x leverage on BTC/USD, ETH/USD, and other tradeable instruments. Stay tuned as new tradeable instruments are always being added!
List Your Token Today
Do you have a token that you want to see on Lynx? Join the Lynx ecosystem and get your token listed as a collateral asset — it’s quick, free, and requires no effort. Reach out to learn more about the listing process today!
About Aurelius Finance
Aurelius Finance is a next-gen lending protocol that issues $aUSD to lenders instead of receipt tokens, powered by the $OATH Tech Stack.
Through the $aUSD stablecoin, Aurelius gains improved network effects, sustainability, and borrow rates.
- Official Website: https://app.aurelius.finance/
- Twitter: https://twitter.com/AureliusFi
- Discord: https://discord.com/invite/QaqWwuP5bJ
About Lynx
Lynx is an advanced decentralized perpetuals exchange offering high-leverage trading on crypto, forex, and commodities using any ERC-20 token as collateral. Through Lynx, token holders can utilize their favorite tokens — from governance tokens and LSTs to yield-bearing assets and stablecoins — to gain exposure to other assets without ever selling their holdings.
Lynx introduces gasless trading to a growing number of chains. Using omnichain liquidity pools, Lynx can easily extend support to additional chains while offering immediate access to deep trading liquidity. By applying its liquidity to all chains, Lynx maximizes trading volumes and fees per dollar of liquidity deposited.
- Official Website: https://www.lynx.finance/
- Twitter: https://twitter.com/Lynx_Protocol
- Discord: https://discord.gg/DTcw3rT28J
- Medium: https://medium.com/lynx-finance
