Welcome to Axiom Labs
A native arbitrum yield protocol delivering $AXUSD - a yield-bearing stable asset, governed by a stake-based governance system.
Overview
Introduction
Axiom is a decentralized lending protocol that allows users to borrow $AXUSD, a native stablecoin pegged to the USD, using select LSDs and blue-chip DeFi tokens as collateral. Axiom maintains a minimum collateralization ratio of 110%
and secures loans with a Balancer Pool of $AXUSD.
Axiom offers several benefits, including full decentralization, low interest rates, capital efficiency, and direct redemptions. With the launch of Axiom, we're set to redefine the stablecoin landscape by delivering an efficient and decentralized lending solution.
As a lending protocol building on arbitrum, axiom is dedicated to redefining and delivering stable yields with new use cases and utilities to the decentralized finance industry. Axiom is unlocking the power of decentralized finance for everyone by building a platform for economic empowerment and stable asset leveraging, enabling everyone with equal access to the global financial marketplace and DAO governance.
The Axiom Protocol utilizes a two-token system. The first token is $AXUSD, a stablecoin backed by collateral to ensure stability. We aim to deliver a truly decentralized stablecoin - $AXUSD, which can be used by users through our protocol using voted assets as collateral. Our ultimate objective is to offer users globally a stable and secure investment options built on diversification. The second token is $AXM, a governance token that allows its holders to oversee and manage the system. $AXM holders are the decision-makers within the Axiom Protocol, with support from the broader community and various external parties.
Benefits
Support for multiple Vault collateral types: We are diversifying risks by adding top-tier DeFi blue-chip tokens as collateral to help the protocol spread out risk and create a stable asset that somewhat mirrors the Ethereum ecosystem.
Protocol Stability: We use effective clearing and strong anchoring methods to keep our protocol stable, even when the market is volatile.
Liquidity Management: We provide a complete solution for managing Ethereum-based assets, giving users better control over their liquidity.
Decentralization - $AXUSD is consistently minted through Protocol-backed collateral, ensuring its permanence.
Collateral Support
Definition
Collateral refers to assets that are pledged as security for a loan or other financial obligations.
Axiom will support multiple assets with WETH, wOETH, rETH and stETH as primary collateral types. Others assets will be voted upon before being added as collateral types.
What is liquid staking?
Liquid staking allows you to earn staking rewards by delegating your ETH to a staking service provider. In exchange, you receive a receipt token that represents your stake that accrues value over time. It simplifies the staking process, offering greater flexibility & control.
Read more about rETH and stETH here
Last updated