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Show HN: AutoUSD – Autonomous LP that optimizes stablecoin yield

tokemak.xyz

1 points by chrisford 9 months ago · 0 comments · 1 min read

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USD stablecoins have different and scalable yield sources:

• Lending • T-bills • Funding Rates • LPing

Despite being scalable, the answer to what’s the optimal yield source is volatile, and it varies according to market conditions. To solve this problem, Tokemak developed a new solution that aggregates all scalable yield sources under a single product: autoUSD

As yields change across integrated destinations, Autopilot adjusts the underlying collateral to ensure that LPs earn the best rates. Powered by Autopilot, autoUSD is effectively backed by autonomous liquidity that connects lending protocols, DEXs, and yield-bearing stablecoins.

The autoUSD yield is the new blended rate for stablecoin yields across DeFi.

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