AEVO SAVINGS COLLATERAL

Summary from the TLDR Crypto newsletter

Cryptocurrency derivatives exchange Aevo has introduced aeUSD, the first yield-generating, stables-denominated collateral asset. aeUSD allows users to generate 4.75% APY on their exchange margin while trading with 20x leverage. aeUSD, using an ERC-4626 asset model based on Aevo, provides yield by depositing into Maker DAO's Dai Savings Rate module, providing an innovative solution for enhanced capital efficiency.