Migrate to the new YOU Commitment pool
Go to the earn page and move your stakes from the old staking pool to the new commitment pool (V3). Don't miss out on the rewards and participate in the governance.
Borrow 
Connect Your Wallet
Connect your Tezos wallet to start leveraging with youves.
1
Select Synthetic Asset
2
Collateral & Mint 
Collateral & Mint
Deposit your USDt to mint uXAU
The amount of USDt locked as collateral defines how much uXAU you can mint.
USDt
Amount over balance
uXAU
Amount over balance
Collateral Utilization
-
Collateral Ratio
-
3
Trading hours
This engine relies on a price feed from global markets. On weekends and public holidays these markets are closed. As a consequence, minting and liquidations are disabled until markets open up again. Burning synthetic asset is always possible.
USDt / XAU Price
USDt / uXAU
uXAU / XAU Price
Lending Interest Rate
Why Borrowing?
Why should I borrow uXAU?
You believe that the value of your collateral tokens will remain stable or even appreciate compared to the reference value of the minted asset (in this case, XAU). With youves, you can leverage your crypto without selling the asset and its potential revenue streams that you already hold. You borrow, e.g. uXAU and sell them against more of your collateral token to create leverage. Alternatively, you can also mint on youves and use the uXAU to liquidate vaults, which are under-collateralised. You can also mint and sell uXAU for an instant profit if the traded value of the minted uXAU is higher than the value of your locked collateral. Because there is no central party, your lending fees are low, and you earn YOU as a minter on youves.
Which parameters may change once I minted uXAU?
What are the price risks for a minter?
Motivation
Create uXAU
Trade uXAU / USDt on a market place
Earn and claim YOU token
