Asymmetry Finance (ASF)
Asymmetry Finance: Reengineering The Synthetic Dollar.
Asymmetry supercharges yield on staking tokens like CVX (34% APY) and ETH (10% APY). The project is moving into the synthetic dollar space with its high-yield synthetic dollar afUSD (21% APY). afUSD is a fully on-chain alternative to Ethena -- scalable and open source.
From its seed round, Asymmetry Finance has raised $4M from Avon Ventures (Fidelity-affiliated token fund), Republic Crypto, Side Door Ventures, the Founder of Frax, the Founders of Convex, and more.
On May 31, 2024, Asymmetry Finance announced its public sale on Paid Network, which will take place on June 12.
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