Our Mission
To provide a blockchain tool that preserves money and safeguards its value for everyone.
We realize this vision by creating the first fully transparent, yield-generating stablecoin, YUSD, and by building the most secure and transparent platform to manage it.
We leverage Bitcoin’s strength as collateral and innovative delta-neutral hedging to maintain a 1:1 USD peg at all times.
Our team is committed to upholding radical transparency (with on-chain proof-of-reserves) and decentralization in every aspect of the system. By doing so, we empower users across the spectrum to store and transfer value without dependence on banks or centralized stablecoins, accelerating the adoption of a more resilient crypto economy.
Our Product
Aegis develops web applications on the Ethereum blockchain, enabling users to manage YUSD-a delta-neutral stablecoin with real-time transparency, built-in yield generation, and independence from the fiat banking system. At the heart of Aegis’s narrative are four core pillars, each highlighting a key advantage that differentiates us from the competition:
Stable by design, without other stablecoins or fiat. Unlike other stablecoins that depend on bank-held dollars or opaque commercial paper, Aegis operates completely outside of TradFi. This crypto-native approach eliminates a major risk factor and point of failure in the stablecoin ecosystem – no issuer can freeze our reserves or falter on a redemption promise.
Every YUSD is 1:1 backed by Bitcoin. Aegis leverages the world’s most liquid and battle-tested cryptocurrency as its sole reserve asset. This means for every YUSD in circulation, an equivalent dollar value of BTC is held as collateral. By anchoring YUSD to Bitcoin’s deep liquidity and resilience, Aegis provides a rock-solid foundation that fiat or lesser assets cannot match. Users effectively hold a claim on Bitcoin’s value, combining the stability of a dollar peg with the trusted robustness of BTC.
To maintain its $1 peg irrespective of Bitcoin’s price swings, Aegis employs a delta-neutral hedging strategy. Practically, this means the system takes an equal and opposite position in Bitcoin-margined perpetual futures to counterbalance any price movement of the collateral. If BTC’s price rises or falls, the gains or losses on the hedge offset the changes in collateral value, keeping the net backing of YUSD constant. This innovative DeFi-native mechanism ensures YUSD’s stability without relying on traditional banks or centralized stablecoins for peg management. In essence, Aegis balances long BTC collateral with a short BTC position to neutralize volatility, delivering a self-sustaining peg. The outcome is a stablecoin that can weather market turbulence from within the crypto markets themselves, preserving the $1 peg through pure algorithmic and financial engineering.
Aegis champions an open-book approach to trust. All reserves and hedging positions are verifiable on-chain in real time. We provide continuous proof-of-reserves, meaning anyone can audit the collateral backing YUSD at any moment via blockchain data. Every Bitcoin held as collateral and every hedging position is recorded transparently, ensuring there is no ambiguity about YUSD’s backing. This radical transparency is reinforced by third-party or algorithmic real-time audits that monitor the system’s solvency. By publishing cryptographic proof of our assets and liabilities, we adhere to the highest standard of accountability. For users, this means complete visibility: they never have to just “trust” Aegis – they can verify.