# FAQs ### **What is USDF?** USDF is a yield-bearing stablecoin minted with USDT. USDT and USDF are fully convertible at a 1:1 ratio on Aster. Contract Address: 0x5A110fC00474038f6c02E89C707D638602EA44B5 ### **What are USDF's yield sources?** Yield is generated through delta-neutral hedging strategies such as buying spot BTC, then placing a corresponding short for the same USD amount which earns funding rates. ### **What happens to my USDT when I mint USDF?** USDT is transferred to Aster's Ceffu account (our custodial partner). Ceffu then deploys the funds to create delta-neutral positions that back USDF and generate yield for asUSDF holders. ### **What is USDF Smart Mint?** USDF Smart Mint optimizes your USDT-to-USDF conversion rate by routing your mint through the best available path: * Direct mint on Aster adheres to a 1:1 ratio * PancakeSwap pools may offer better rates due to liquidity conditions * Smart Mint automatically chooses the path that gives you the best amount of USDF ### **What is the minting fee?** Minting on Aster: No fee. If you use 1,000 USDT to mint , you receive 1,000 USDF. Minting via PancakeSwap: A small swap fee applies. You'll see the estimated fee before confirming. ### **How do I redeem USDF for USDT?** You have two options: Option 1: Redeem on Aster 1. Go to the Redeem tab 2. Enter your USDF amount 3. Click \[Redeem] 4. Processing takes 1-2 days for standard amounts, up to 7 days for large amounts 5. You won't earn Au Points during the waiting period 6. Click \[Claim] once processing is complete Option 2: Swap on PancakeSwap 1. Click \[Swap] 2. Receive USDT instantly (with swap fees) ### **What is the redemption fee?** Redemption on Aster: 0.1%. If you redeem 1,000 USDF, you receive 999 USDT. Redemption via PancakeSwap: Swap fees apply. You'll see the exact fee before confirming. ### **What is asUSDF?** asUSDF is an asToken on Aster Earn and the yield-bearing token of stablecoin USDF. To mint asUSDF, stake USDF on Aster Earn. Holding asUSDF allows you to earn additional rewards. The token contract is: 0x917AF46B3C3c6e1Bb7286B9F59637Fb7C65851Fb. ### **How is asUSDF APY generated?** asUSDF APY is generated from delta-neutral strategies which also involve the collection of funding fees. APY is reflected in the net asset value of asUSDF. ### **Can I withdraw my asUSDF (asUSDF to USDF) at any time?** Withdrawals will be subject to a T+1 hour waiting period (2 hours). Check your processing withdrawals in the \[Claim] section. Remember to click \[Claim] after the waiting period ends. ### **Are there any fees involved?** There are no fees to mint or withdraw asUSDF. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.asterdex.com/usdf-stablecoin/overview/faqs.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.