We’re excited to announce that the MAITRIX testnet is now live and available for everyone to explore.

What is the MAITRIX?

The MAITRIX is a groundbreaking multi-currency stablecoin platform built for the future of AI. It enables users to mint Intelligent Stablecoins—referred to as “AI USDs”—using AI tokens. Within this ecosystem, users can mint, burn, and stake AI USDs with supported AI tokens.

The Benefits of AI USDs

• Stable Medium of Exchange: AI USDs offer a reliable, stable currency within AI ecosystems, shielding users from the volatility of native tokens. This ensures smooth financial operations—from payroll to everyday purchases—without the disruption of market fluctuations.

• Hedge Against Volatility: In times of market downturns, projects can see their treasuries diminish, threatening long-term funding. AI USDs provide a buffer against these challenges, maintaining financial stability over the long haul.

• Value Retention: Rather than selling native tokens to unlock treasury value, projects can now leverage AI USDs. This approach preserves token prices and reinforces community confidence while still funding operations and growth.

• Foundation for DeFAI: As the cornerstone of Decentralized Finance for AI (DeFAI), AI USDs enable participation in emerging DeFi protocols within the MAITRIX ecosystem. This integration opens up innovative financial opportunities for both AI projects and their communities.

The World’s First AI Stablecoin: Aethir USD (AUSD)

The MAITRIX proudly introduces Aethir USD (AUSD), the world’s first AI stablecoin, which is minted using $ATH tokens. Each AUSD is pegged 1:1 with the US Dollar.

How to Mint AUSD

Minting AUSD is a streamlined process designed to empower AI projects:

1. Visit the MAITRIX Platform: Head over to the official MAITRIX website and access the minting portal.

2. Connect Your Wallet: Link your digital wallet to the platform and ensure you have the required $ATH tokens, which will be used to mint AUSD.

3. Mint Your Stablecoins: Choose the amount of $ATH you wish to deposit. The platform then mints an equivalent amount of AUSD based on the current dollar value of your deposit.

After minting, AUSD can be staked in the AUSD Staking Pool to earn additional rewards, including AUSD incentives and Red Pills. (Note: Currently, the platform does not support burning AUSD, as it is being used to test stability and minting functions.)

Earn Rewards by Staking AUSD: 20% APY and Red Pills

AUSD features a dual-yield mechanism that rewards users through both staking returns and the MAITRIX Pill incentive system. (Please note that this is not actual AUSD yield while still in testnet).

AUSD Staking Rewards (20% APY)

• Daily Yield Distribution: Stake your AUSD and earn a 20% annual yield, distributed on a daily basis.

• Sustainable Supply Expansion: Rewards are generated through a controlled expansion of the AUSD supply, ensuring the system’s long-term sustainability.

• Redemption Fee: A 0.5% fee is applied when unstaking to discourage short-term speculation.

• Lock-In Period: A 14-day unlock period is enforced to maintain stable liquidity across the platform.

Example: If you stake 1,000 AUSD for one year, you will earn an additional 200 AUSD over the course of the year (distributed daily).

MAITRIX Red Pill Incentive System

• Exclusive Reward Points: Inspired by the iconic “red pill” concept, Red Pills are non-transferable reward points that symbolize financial enlightenment and deeper engagement with the ecosystem.

• Daily Accumulation: Earn Red Pills every day by staking AUSD, providing liquidity, or actively participating on the platform.

• Future Governance: When the MAITRIX token launches, accumulated Red Pills can be converted into governance tokens, giving you a voice in the platform’s evolution.

• Early Adopter Bonus: Early AUSD stakers will benefit from a temporary earnings multiplier as an added incentive.

What’s Next for the MAITRIX?

The MAITRIX team is continuously working to enhance the platform with exciting new features. Upcoming updates include:

• Burning Functionality: Soon, users will be able to burn AUSD to reclaim $ATH tokens.

• Liquidity Aggregation: The platform will facilitate liquidity provision to decentralized exchanges (DEXes), allowing users to earn trading fees through aggregated liquidity.

• Dynamic Mint and Burn Limits: A system will be implemented to dynamically regulate the minting and burning of AUSD, further securing its stability.

We invite you to share your ideas, suggestions, and feedback—join our discussion on Telegram or reach out on X.

FAQs

• Who is Aethir?
  Aethir is the brand behind AUSD, the world’s first AI stablecoin, designed to provide stability and utility within the MAITRIX ecosystem.

• How does AUSD maintain its peg?
  AUSD is pegged 1:1 to the US Dollar through a robust minting mechanism and controlled supply expansion, ensuring stability even in volatile markets.

• When can I see my points?
  Users will be able to see their points after the completion of the Red Pills program.

• Why can’t we burn AUSD right now?
  At this stage, the burning function is disabled as we rigorously test stability and minting processes. Burning will be enabled in a future update to ensure a smooth and secure transition.

Explore the platform, join the community, and stay tuned for more updates as we continue to innovate in the world of AI finance.