mooUSD

Automated interest bearing stablecoin

"Time is your friend, impulse is your enemy. Take advantage of compound interest and don't be captivated by the siren song of the market" - Warren Buffet

When you put your tokens onto Beefy.Finance you receive mooTokens as a receipt for your deposit. WAGYU realized that you could create an AMM with these already intest bearing assets and what you get is mooUSD which is an automated interest earning asset.

When you trade it with others then they will earn interest on it as well because it is tadreable in 1inch and also its redeemable on Beefy.Finance.

mooUSD is created as a derivative of the mooToken we allow you to use the combination of mooDai, mooUSDT, mooBUSD, and mooUSDC.

When you stake in the mooUSD and mooToken pool then you receive WAGYU in order to double your boosts on stables.

You also can trade your newly acquired mooUSD and send it to others and you will have given them an asset which is always increasing in value no matter who owns it.

(We should probably talk to the BIFI team about when they can give us a heads up with the vaults are retiring and shit) lol

Imagine paying off all your bills each month with one payment and then next month your bill is cheaper and the month after that cheaper than that and after that cheaper

The owner has a price but with DeFi we can pay each other in interest which enables us to get more of the things that we love because the house loan can now be making money just by using mooToken

Your interest earned can earn interest - isnt beautiful???

Automated interest bearing asset

any asset that automatically earns interest regardless of it being staked in a pool. When you send a mooUSD token to someone then next year they will have earned what ever the APY is in the BIFI pool.