BUIDL's Yield Mechanism 💰🔥 BlackRock's tokenized fund, BUIDL, generates and distributes low-risk yields as follows: ✨Yield Source: 100% of the fund consists of short-term US Treasury bonds (T-bills), repurchase agreements, and cash equivalents → The base yield is tied to the Fed interest rate (currently around ~3.5-4.5%), with a net APY of ~3.4-4% after deducting management fees (7-day APY ~3.4%). ✨Daily Accrual: Interest is calculated daily (daily accrued dividends) – tracked off-chain, but reflected on-chain. Distribution Method – Rebase Mechanism: Yield is airdropped monthly into wallets as new BUIDL tokens (token issuance/rebasing). This ensures the token price always remains stable at $1.00 – the token supply increases instead of the price! Advantage: Ideal as a collateral in DeFi (no volatility, low liquidation risk), composable, and usable like "Lego". In other words: Classic MMF yield + blockchain efficiency + stable price + automatic reinvest! The cleanest model for bringing TradFi yield to DeFi. #BlackRockToBuyUNI #我在Gate广场过新年
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it's good project 👍
BlackRock's tokenized fund, BUIDL, generates and distributes low-risk yields as follows:
✨Yield Source: 100% of the fund consists of short-term US Treasury bonds (T-bills), repurchase agreements, and cash equivalents → The base yield is tied to the Fed interest rate (currently around ~3.5-4.5%), with a net APY of ~3.4-4% after deducting management fees (7-day APY ~3.4%).
✨Daily Accrual: Interest is calculated daily (daily accrued dividends) – tracked off-chain, but reflected on-chain. Distribution Method – Rebase Mechanism: Yield is airdropped monthly into wallets as new BUIDL tokens (token issuance/rebasing). This ensures the token price always remains stable at $1.00 – the token supply increases instead of the price! Advantage: Ideal as a collateral in DeFi (no volatility, low liquidation risk), composable, and usable like "Lego". In other words: Classic MMF yield + blockchain efficiency + stable price + automatic reinvest! The cleanest model for bringing TradFi yield to DeFi.
#BlackRockToBuyUNI
#我在Gate广场过新年