
Aesyx
@Aesyx_Fi
Followers
372
Following
1
Media
11
Statuses
53
Aesyx /eɪ sɪks/ • Supercharging DeFi on Avalanche • Borrow against your assets and mint the $AXD synthetic dollar
Joined January 2025
Redemption at work. When $AXD dips, the bot enforces the peg and burns bad debt. This is on-chain monetary policy in motion. Shoutout to @TelosConsilium for making sure $AXD defends itself.
Our Redemption Bot is now live for @Aesyx_Fi users!. It monitors $AXD price in real-time; if it dips below peg (minus BaseRate), the bot buys it to push its value back to $1, then redeems for collateral ( $sAVAX ). This will reinforce stability & user confidence.
1
7
22