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Aegis Platform

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Category: Stablecoin Issuer

Aegis


Aegis provides YUSD, a Bitcoin-backed stablecoin pegged 1:1 to the USD and secured by delta-neutral Bitcoin collateral, designed to be independent of traditional banks and fiat currencies. The platform's features include independence from existing stablecoins by using Coin-Margined perpetual contracts for funding, direct rewards for YUSD holders without staking, and a public dashboard for real-time reserve transparency. Governed by a DAO, new YUSD is minted only when collateral like USDT, USDC, or DAI is deposited into the Aegis Mint smart contract. The platform also offers sYUSD, an auto-compounding yield-generating token. Aegis emphasizes legal compliance and security, with assets stored in custodial wallets via off-exchange settlement. It also functions as a legal portal, providing a full suite of compliance documents such as regulatory notices, a Privacy Policy, Terms of Service, and frameworks for Anti-Bribery, KYC/AML, Data Privacy, Anti-Fraud, and Sanctions Compliance, ensuring crypto-specific controls and transaction monitoring from day one.

Funding Rounds

Funding Round: Pre-Seed
Funding Date: 1 Feb, 2025
Raised Amount: $2M

Investors