PowerPool
  • powerpool overview
    • PowerPool
      • PowerPool DAO Story
      • Value Proposition
      • Use Cases
      • CVP Token
      • Vision 2027
    • Blockchain Automation
      • Glossary
    • PowerAgent Stats
    • How to contribute
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  • Power Agent
    • đŸŽ¯PowerAgent features
    • đŸ›ī¸Architecture
      • â„šī¸Agent
      • â„šī¸Keeper
      • â„šī¸Job
        • Full Specification
    • 📜User Guides and Instructions
      • ❓I Want to Automate my Tasks
        • Job Registration Guide
      • ❓I Want to Become a Keeper
    • â„šī¸Scenarios
    • ⌛Old Pages
      • Installation Guide (Old)
        • Prerequisites
        • DAppNode Installation
        • Registering in PowerAgent
        • Installing PowerAgent Package on DAppNode
        • Standalone Installation
        • Chain-specific configs
      • Keeper (Old)
        • Keeper Registration and Update
        • Keeper staking, withdrawal, and deactivation
          • Keeper activation and deactivation in PPAgentV2RANDAO
        • Keeper assignment and release in RanDAO realisation
      • Job (Old)
        • Job Registration & Update
        • Job funds deposition and withdrawal
      • Agent (old)
        • Page
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        • Hooks and helper functions
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      • 📑Testnet Rules
      • Slashing
        • Copy of Slashing
      • Task Reward and Gas Compensation
        • Fees and income sources
        • Copy of Task Reward and Gas Compensation
  • PowerPool Incentives
    • PowerPool Points Program
  • Security
    • Bug Bounty
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  • Research
    • Automation Networks Research
      • Approaches on Keeper Selection
      • On-chain Random Number Generation
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      • 🌊PowerPool & PowerAgent Automation Network
      • Value Proposition-PowerPool
    • PowerAgent v2.1
      • Keeper Selection
      • Hooks
  • Resources
    • Website
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    • Governance Voting
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  • Legacy & Deprecated
    • Index Products
      • $YLA: Yearn Lazy Ape
        • Invest (ZAP) in YLA with low fees
        • Instant YLA mint via USDC
        • $CVP Boost Program
        • Redeem YLA
        • YLA Onsen Liquidity Mining [deprecated]
      • $BSCDEFI: BSC DeFi Pool/Index
        • Guide: Mint $BSCDEFI with $BNB
        • Guide: Multi-Asset $BSCDEFI Mint
        • Guide: PancakeSwap LM Farming
        • Add $BSCDEFI to MetaMask.
        • Redeem $BSCDEFI
      • $ASSY: Aave, SushiSwap, Synthetix, and Yearn Index
        • $CVP Boost Program
        • Underlying Token Staking
      • $PIPT: PowerIndex Pool
      • $YETI: Yearn Ecosystem Index
      • Market Price vs Fair Value
      • About ZAP
    • CVP reward program
      • How to create a DCA flow in Partitura
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  • Description
  • How does the price appreciate?
  • Additional Rewards

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  1. Legacy & Deprecated
  2. Index Products

$ASSY: Aave, SushiSwap, Synthetix, and Yearn Index

PreviousRedeem $BSCDEFINext$CVP Boost Program

Last updated 4 years ago

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Description

Initially proposed by Marc Zeller of Aave, ASSY is a concentrated bet on four DeFi protocols: Aave, SushiSwap, Synthetix, and Yearn. It was the first index launched using the recently developed Dynamic AMM (DAMM) mechanism.

How does the price appreciate?

ASSY price reflects the total value of the assets supplied in the index divided by the number of ASSY tokens minted (e.g. $5M Total Value / 3M ASSY tokens = $1.67 ASSY). For convenience in the calculation of ASSY performance the initial price of ASSY as set at $1 at inception.

In addition to the underlying token prices affecting Power Pool is working on . This will have the effect of adding additional underlying tokens to the pool therefore increasing the price per ASSY.

Additional Rewards

Currently ASSY is eligible for rewards and can be boosted by depositing additional CVP along with your ASSY.

staking of the underlying assets
CVP liquidity mining