USDai vs sUSDai
USDai is the stable base asset. sUSDai is the yield-bearing vault token with exposure to the protocol’s asset mix and lending performance.
Can sUSDai be redeemed instantly?
Not necessarily. The redemption model can be asynchronous because capital may be deployed into loans with longer settlement and repayment cycles.
Can the assets be used in DeFi?
Supported integrations may allow holding, trading, liquidity provision or collateral use. Each external protocol introduces its own smart-contract, market and liquidation risks.
Where does yield come from?
Yield is intended to reflect income from active infrastructure loans and eligible reserve assets, net of applicable fees, losses and other protocol effects.