Agora AUSD Yield Campaign Guide: PT-AUSD and Vaults Explained
Agora launched a yield campaign using AUSD (its own stablecoin) on July 1, 2026. It benefits AUSD holders and anyone wanting to convert USDC/USDT into fixed-yield assets. No end date has been announced, so it's not too late to join now.
Event Overview
| Item | Details |
|---|---|
| Duration | July 1, 2026 〜 Not announced |
| Eligibility | AUSD holders, those converting from USDC/USDT |
| Participation Cost | Funds to buy AUSD, gas fees, time to deposit/withdraw |
| Expected Return | Fixed yield (figures not disclosed). Agora-specific points or airdrop not confirmed |
| Difficulty | Medium (requires familiarity with DeFi operations) |
Agora is a project issuing AUSD, a stablecoin backed by real-world assets (RWA). This campaign centers on actual yield products, not points or quests. See Agora's project details here
Event Details
Here are the three main initiatives currently running.
- Mint AUSD via Instant Liquidity: Convert instantly from USDC/USDT to AUSD. Fees and processing time are not disclosed.
- Deposit into Pendle's PT-AUSD market: Started July 1, 2026. Offers fixed yield backed by short-term US Treasuries, overnight repo, and cash. Deposit amounts, time, and fees are not disclosed.
- Deposit into Tristero's AUSD Yield Vaults: Also started July 1, 2026. Offers RWA-backed yield. Terms are not disclosed.
Point allocation and tier conditions have not been announced at this time. We avoid filling in gaps with guesses.
Strategy and Precautions
For those short on time, the minimal route is to mint a small amount of AUSD via Instant Liquidity first to get a feel for it.
- Cost-effectiveness: Since yield figures aren't disclosed, committing large funds upfront is premature. Start small, with money you can afford outside your emergency fund.
- Sybil considerations: No Agora-specific points system has been confirmed, so running multiple wallets for farming is pointless right now.
- Congestion and fees: Gas fees may spike during periods of concentrated deposits or withdrawals. If you're not in a rush, pick a quieter time window.
When I tried it myself, minting via Instant Liquidity went smoothly, but I couldn't see the actual yield figures on screen.
When to skip this: If you're only interested for a potential airdrop, no Agora-specific distribution plan is confirmed yet, so it's wise to hold off. Anyone who doesn't understand RWA-backed asset risks, such as issuer credit risk, shouldn't feel rushed to join either.
FAQ
Can I still join now? Since no end date has been announced, participation is still open at this time.
How much money do I need? Minimum deposit amounts depend on each protocol; Agora has not disclosed specific figures.
Does Agora have points or an airdrop? As of now, no Agora-specific points system, quests, or airdrop have been confirmed.
Conclusion
I'd recommend starting with a small AUSD mint via Instant Liquidity to get a feel for the yield products first.
Institutional stablecoin infrastructure issuing AUSD

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