hyAUSD collateral 6 min read
hyAUSD Collateral: Borrow AUSD or USDC
Posting hyAUSD as collateral lets a holder borrow AUSD or USDC without redeeming the vault position, so the vault keeps earning while the loan funds liquidity or a leveraged stablecoin strategy. This piece walks through both markets, the leverage ceiling implied by max LTV, a worked net APY example, and the conditions that turn the spread negative.