sagUSD — Overview

sagUSD is what you get for staking agUSD. It's the yield-bearing side of Agama: hold sagUSD, and its value accrues over time as the underlying Lending Pools collect yield from real-world private credit and bonds.

Stake and unstake

There's no separate claim step — sagUSD accrues value in place, the same pattern used by other yield-bearing wrapper tokens: your sagUSD balance doesn't change, but what it's redeemable for in agUSD grows as the underlying pools earn.

Why stake

Minting agUSD gets you diversified exposure to Agama's pools, but agUSD on its own doesn't compound that exposure into yield — it just tracks USDC 1:1. Staking into sagUSD is the step that turns diversified exposure into a yield-bearing position:

• Blended yield. Because agUSD is already spread across every active pool, sagUSD's accrual reflects the combined performance of Pool A, Pool B, and Pool C — not a single pool's outcome.
• No active management. You don't rebalance or reclaim yield manually; it shows up as sagUSD's redeem value rising.

What can move it

sagUSD's value is a direct function of how the underlying pools perform. Strong private-credit and bond performance lifts the redeem rate; underperformance in one or more pools slows it. See Lending Pools for what the pools are exposed to, and Risks for how real-world credit and bond risk ultimately reaches sagUSD holders.