Spendable Yield Tokens (SYTs)
SYTs are wrapped yield tokens (e.g., Aave's aUSDC) with a better spend experience:
- When you send aUSDC, the recipient receives aUSDC.
- When you spend sUSDC (spendable USDC), the recipient gets regular USDC.
- On autoHODL, yield is distributed as sUSDC, so users earn passively while keeping funds liquid and spendable at any time.
Why it matters:
- Better UX: Spend yield-bearing assets as normal USDC.
- Stay earning: You keep earning until the moment of spend.
- Composability: Works with round-ups and future integrations.