💵 $AUSD: The Backbone of Floor Protection
Hikari uses AUSD, the native stablecoin of the Katana Network, as the core asset backing its floor price guarantee. This choice aligns deeply with Katana’s ecosystem strengths and supports both price stability and on-chain yield generation.
🔍 What Is AUSD?
AUSD is a fully collateralized stablecoin developed by Agora, backed by a combination of:
U.S. cash reserves
Treasury bonds
Overnight repo agreements
AUSD is designed to maintain a 1:1 peg to USD. It also generates passive yield, which is shared with protocols across the Katana ecosystem.
🧠 Why Hikari Chose AUSD
✅ 1. Reliable Price Stability
AUSD’s real-world asset backing makes it a strong unit of account for enforcing Hikari’s on-chain floor price. This ensures that each token backed by Hikari has a clear, dollar-denominated redeemable value.
💰 2. Native Yield Participation
The AUSD held in Hikari’s treasury does more than just sit idle. Since AUSD accrues yield, the capital deployed in farming or held in the floor pool can earn passive returns. These returns are redirected into the floor treasury to further reinforce price stability.
🔗 3. Ecosystem Synergy
AUSD is widely adopted across Katana-native protocols including:
Sushi (DEX)
Morpho (Lending)
Vertex (Perp DEX)
VaultBridge (Cross-chain yield routing)
This allows Hikari to tap into shared liquidity, optimize farming strategies, and route capital more efficiently across the network.
♻️ 4. Yield-Backed Floor Strength
By using AUSD, Hikari benefits from both price stability and capital productivity. AUSD in the treasury can:
Be allocated to trusted farming strategies
Generate yield to reinforce the floor
Integrate with Katana’s yield infrastructure without fragmentation
🔐 Summary
AUSD is not just a stablecoin. It is a yield-generating, Katana-native asset that amplifies Hikari’s core design.
By anchoring its floor price mechanism to AUSD, Hikari ensures:
Stable, USD-pegged redemptions
Participation in network-wide yield
Efficient, ecosystem-aligned treasury usage
This foundation allows Hikari to protect token value while keeping capital productive and fully integrated within Katana.
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