> For the complete documentation index, see [llms.txt](https://atronprotocol.gitbook.io/atron/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://atronprotocol.gitbook.io/atron/ausd.md).

# AUSD

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AUSD ($AUSD) is an auto-yield rewards token pegged to the US dollar. AUSD is 100% backed by one of the biggest stablecoins in the crypto space: USDC. With a total tax of 1% on every transaction, AUSD distributes 0.5% of all the volume to the holders as reward. Wrap USDC and receive AUSD. Unwrap AUSD to get USDC at any time!