Aegis Protocol Update #3

We are excited to share the latest progress and milestones from the Aegis ecosystem. Over the past weeks, we have reached new highs in adoption, expanded our infrastructure, and introduced fresh opportunities for our community.

1) Aegis TVL Milestones

sYUSD continues to gain strong traction on Pendle. The old pool has crossed $10M in total value locked, showing the demand for both fixed yield and leveraged yield strategies.

This milestone also pushed total Aegis TVL to over $30M across all integrations, a significant step forward in our growth.

2) LayerZero Integration

We have integrated LayerZero to provide seamless cross-chain transfers of YUSD. Users can now bridge freely across Ethereum, BNB Chain, and Avalanche without friction.

This makes Aegis more accessible across multiple ecosystems, opening the door for broader adoption and utility of our stablecoin.

3) New Pendle Pool

A new sYUSD pool has launched on Pendle with a new maturity date of December 18, 2025. This gives users more flexibility to plan longer-term strategies using PT-sYUSD for fixed yield or YT-sYUSD for leveraged exposure.

Migration rewards

To support the transition, we have introduced migration rewards:

  • Previous LP and YT holders receive a 20% boost until September 11, followed by a 10% permanent boost.

  • New participants who provide LP or buy YT also receive a 20% boost until September 11.

4) Security update: Hashlock Audit

Our smart contracts have been audited for the second time by Hashlock, adding another layer of security and transparency to the protocol. Security remains one of our top priorities as we continue to scale.

Looking ahead

We are working on several new developments that will expand the utility of Aegis and strengthen our integrations. More updates will follow soon.

Thank you for being part of this journey and for supporting Aegis as we continue to build.

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