Aethel

Real yield from real assets — settled in USDC on Arc.

Idle capital into verified RWA vaults. No synthetic APY theatre — cash flow you can attest on-chain.

Enter App Follow the launch

Arc Mainnet · September 16

Backing

Tokenized US Treasuries / RWA

Settlement

Native USDC

Oracle

Chainlink PoR

Network

Arc

How Aethel works

Three moves. One settlement layer.

USDC in. Receipt out.

One deposit path. Mint a yield-bearing share without waiting on TradFi paperwork.

Yield from sovereign paper.

Returns track tokenized treasuries and top-tier RWAs — not diluted governance emissions.

Always settling.

Continuous compounding with Chainlink Proof of Reserve so solvency stays visible.

Built to live on Arc

Institutional rails. On-chain cash flow.

Aethel is engineered for Arc's validator and liquidity network — the same institutional stack launching September 16.

ArcSettlement network
ChainlinkProof of Reserve
USDCNative settlement

Try the numbers

Cash flow vs. emission noise

Deposited USDC$250,000

$10K$5M

Aethel RWA · 5.12% APY: $12,800/ yr
Emission-based · 1.87% real: $4,675/ yr

Illustrative only. Realized yield tracks the T-bill curve net of fees; emission comparison is adjusted for dilution.

AethelVault.sol

// SPDX-License-Identifier: BUSL-1.1
pragma solidity ^0.8.24;

interface IAethelVault {
  /// Deposit USDC, mint yield-bearing aUSDC
  function deposit(uint256 assets, address receiver)
    external returns (uint256 shares);

  /// Chainlink PoR attested collateral
  function totalReserves() external view returns (uint256);
}

contract AethelVault is IAethelVault {
  address public constant USDC = 0xA0b8...eB48;
  uint16  public constant TARGET_RWA_BPS = 10_000;

  function deposit(uint256 assets, address receiver)
    external returns (uint256 shares)
  {
    require(porFeed.isSolvent(assets), "PoR");
    shares = convertToShares(assets);
    _settleContinuous();
    emit Deposit(msg.sender, receiver, assets, shares);
  }
}