Aegis is a decentralized finance (DeFi) protocol built on Ethereum that offers a Bitcoin‑backed stablecoin called YUSD. It utilizes a delta‑neutral strategy—holding BTC collateral while hedging with perpetual futures—to maintain price stability and generate yield from funding fees. The platform emphasizes full transparency, with real‑time proof‑of‑reserves and an intuitive dashboard, and is governed by a DAO with its own governance token (AEG) enabling community-driven protocol decisions.