Accountable fee structure update, effective now:
We're removing the 20% performance fee on aHyper and replacing it with a flat 0.5% management fee.
Headline yield: 14% → 11.9% APR
Net yield to depositors: 11.2% → 11.4% APR (+0.2%p)
Simpler fees, more yield in your pocket.
Distribution notice
Following the temporary spike in borrow rates on the aHYPER/USDC market, we have distributed a total of 8,586 USDC across 58 addresses.
The covered period runs from Aug 29, 14:29 to Aug 30, 02:54 UTC (12.4 hours).
The actual average borrow rate over this
Note on the recent yield spike in the Monad aHyper/USDC market
TLDR: aHyper itself is unaffected. The market's interest rates are back to normal. The extra interest paid will be refunded for the sake of a healthy ecosystem, and a follow up announcement will go out within a week.
