Overview

Autono Cash protocol is a decentralized yield-bearing stablecoin protocol combining robust peg stability with institutional-grade yield strategies. Designed for capital efficiency and DAO-driven sustainability.

USDA, the stable coin pegged to USD, is fully backed by defi vaults of USDC. Users can mint/redeem USDA from/to USDC freely and permissionlessly.

sUSDX is an interest-bearing token that generates interest income, collected from the vaults.

AUTONO is the project's governance token. Holder of AUTONO make all the decision of the protocols, including the treasury assets.

How it works

Mint/Redeem Module:

User deposit USDC to the vault and get USDA at a fixed 1:1 ratio, And can redeem USDA to USDC by the vault at any time, the vault will burn the USDA and return back USDC to the user

Vault Module:

The vault manager will deposit the USDC to the blue chip DEFI such as AAVE/SKY DSR/MORPHO to get the interest. The revenue will be distributed to the earn module (80%) and the treasury (20%).

Earn Module:

User can deposit their USDA in the earn module to get the interest bearing token sUSDA, collecting the interest.

Sale Module:

10% of the AUTONO tokens will be sold at the sale module. User can buy AUTONO with USDA, all the USDA collected at this module will be transferred to the treasury.

Autono DAO:

The Autono DAO is a decentralized collective of AUTONO token holders. The DAO is the only governor of the protocol and the only owner of the treasury.

Tokenomics:

AUTONO token is the governor tokens.

The total supply AUTONO token is 1,000,000,000

5% for dev fund and 5% for market fund, released linearly over 50 months post a 2-month delay, triggered only after the USDA weekly average TVL achieving predefined $10,000,000 milestones

10% for sale module. Price started at $0.02 USDA per AUTONO and linearly up to $1. The collected USDA will be transferred to the treasury.

45% for community incentive program. Weekly airdrops to Liquidity Providers of curve USDA-USDC LP and the uniswap USDA-AUTONO LP.

35% for treasury, controlled by the DAO