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.
Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.
<a href="https://coinlaunch.space/projects/asymmetry-finance/" title="Asymmetry Finance (ASF)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/asymmetry-finance.png" width="224" alt="Asymmetry Finance (ASF)"></a>