ME News reports that on August 6 (UTC+8), Aster’s yield-bearing stablecoin USDF reached a maximum annual percentage yield (APY) of 15.30%. USDF is fully backed 1:1 by USDT and maintains a collateralization ratio of 99.99%. Users qualify for rewards by using USDF as margin for perpetual contracts and meeting the weekly requirements of trading at least two days with a cumulative trading volume of no less than 50,000 USDT. Rewards are calculated based on hourly position snapshots and automatically distributed in USDF to trading accounts on a weekly basis. (Source: Foresight News)
Aster's yield-generating stablecoin, USDF, offers a 15.30% APY.
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Summary
On August 6 (UTC+8), Aster’s yield-generating stablecoin USDF reached an APY of 15.30%, according to MetaEra. The token is fully backed by USDT at a 1:1 ratio with 99.99% collateral. Users can earn rewards by using USDF as margin for perpetual contracts, requiring at least two days of trading activity per week and a minimum trading volume of 50,000 USDT. Rewards are captured hourly via snapshots and paid weekly in USDF to trading accounts.
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