anS Token

anS is a liquid staking token for S built for better security and higher yields compared to other LSTs.

Launched on January 2 2025, anS is based on 95% of OUSD’s code, giving it the benefit of years of audits and a strong history of securing hundreds of millions in collateral.

In a competitive landscape of liquid staking tokens, anS distinguishes itself with two key advantages:

Better Risk-Adjusted Yield

anS generates staking yield by leveraging the Sonic Network’s validator system. Angles protocol securely sends S tokens to be staked with top validators providing higher yield for anS holders given Sonic weight-adjusted validator model. The yield generated by the validators is distributed back to anS holders.

Tighter Peg to S Token

Liquidity is critical for LSTs, and maintaining stability relative to the native token is essential. Many LSTs experience de-pegging, creating hidden exit costs for users when swapping back or withdrawing. anS addresses this challenge with a combination of permissionless S token withdrawals and an instant 1:1 redemption mechanism. This ensures a consistently tight peg to the S token, avoiding losses often associated with de-pegging.