1. Project Introduction
Agora’s first product, AUSD, is a fully reserved 1:1 digital dollar redeemable for USD.
Unlike traditional 1:1 stablecoins like USDC or USDT, Agora’s open partnership model empower exchanges, custodians, dApps, and other ecosystem partners to actively drive AUSD adoption and participate in its growth.
By sharing the majority of the income with our partners, AUSD is designed to be a collaborative asset, enabling partners to subsidize trading fees, provide margin financing, enhance marketing efforts, and deliver greater value to users across both CeFi and DeFi ecosystems.
Having launched in Q3 2024, AUSD is already a top 5 fiat-backed stablecoin by daily volume.
Agora ensures the security and transparency of AUSD's collateral through partnerships with top-tier TradFi financial institutions.
AUSD's assets are held in a bankruptcy-remote reserve trust managed by VanEck, a 100B+ AUM asset manager, within the Agora Reserve Fund, which includes cash, U.S. Treasuries, and overnight repo agreements. State Street Bank, one of the largest custodians in the world, serves as the cash custodian and fund administrator.
2. Coin Info
- Token Name: AUSD
- Token Symbol: AUSD
- Token Type: AVAX, ERC20, MON
- Total Supply: 147,129,923 AUSD
3. Useful Links
- Official Website: https://www.agora.finance/
- Whitepaper: https://docs.agora.finance/developer
-
Explorer:
ERC20: https://etherscan.io/token/0x00000000eFE302BEAA2b3e6e1b18d08D69a9012a
MON: https://monadscan.com/token/0x00000000efe302beaa2b3e6e1b18d08d69a9012a
AVAX: https://snowscan.xyz/token/0x00000000eFE302BEAA2b3e6e1b18d08D69a9012a - Twitter: https://x.com/withAUSD
