Dear Coincall Users,
Coincall officially launched the AUSD/USDT pair on the spot market at 05:00:00 (UTC) on December 13, 2024.
With Coincall’s integration of AUSD, users can enjoy additional benefits, including:
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AUSD as Collateral: AUSD can be pledged as trading margin.
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Increased Capital Efficiency: Users can earn additional interest income when holding AUSD in their accounts, significantly improving capital efficiency.
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Dynamic APR: The APR interest rate of AUSD is dynamic and adjusts with market fluctuations. Therefore, the interest amount is an estimate for reference only, with actual amounts subject to distribution.
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Interest Distribution Cycle: AUSD holdings are calculated every 7 days, and interest will be distributed to user accounts in the following week. Users holding AUSD for fewer than 7 days may not qualify for rewards.
About Agora
Agora is building a digital payments platform built on blockchain-based rails to power the next generation of digital commerce. Agora’s first product is a fully reserved digital dollar (AUSD), redeemable 1:1 for US dollars. The assets backing the digital dollar will be held in a bankruptcy-remote reserve trust. These assets will be managed by VanEck in a private fund (The Agora Reserve Fund). State Street will be the cash custodian for the fund, and its administrator. The fund's portfolio will include cash, US treasuries, and overnight repo. PWC will be the auditor of the Fund. Agora will not custody customer assets or digital assets. Agora services will only be available to institutions who undergo comprehensive KYB/AML checks prior to on-boarding.
Agora: https://agora.finance/
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Coincall is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance and consult an independent financial adviser before making any investment. This material should not be construed as financial advice.
Thank you for choosing Coincall as your trusted exchange platform.
Sincerely,
The Coincall Team
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