Zero-Interest aUSD Lending
Aurelius issues interest-free loans denominated in the $aUSD stablecoin. Instead of paying interest, users pay a 0.5% issuance fee, meaning they don’t need to worry about micro-managing their position.
There is no fee for paying back a loan.
aUSD Loan Example
If a user deposits sufficient collateral, they can take out a 100 aUSD loan.
Their total debt will appear as 105.5 aUSD, which is made up of a 0.5% issuance fee (in this case 0.5 aUSD), 5 aUSD held as a liquidation deposit, and 100 aUSD minted to the user’s wallet.
When the user pays back 100.5 aUSD, the 5 aUSD liquidation deposit will automatically be paid into their position and the position will be closed.
If you have questions, please reach out to the Aurelius team in our official Discord.
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