RealFi’s dollar-pegged token USDrf is offering a 49.31% annualized yield on Strike Finance, according to a Techub summary citing BeInCrypto. The token is backed by off-chain real-world assets, including direct corporate loans, U.S. Treasuries, and floating-rate bonds. Users can stake USDrf to receive sUSDrf, which can then be posted as collateral on Strike to borrow other assets. Strike data showed about $119,200 in related loans.
The product has also become the subject of a prediction market on Cardano. Founder Charles Hoskinson proposed a market on whether USDrf deposits on Strike can reach $1 million, and Cardano-based prediction platform Bodega later listed that market. Strike’s official data showed its vault rising from roughly $100,000 to $150,000 within one hour on Oct. 17.
Code files for RealFi indicate that protocol reserves would absorb losses before sUSDrf holders. Separately, as of Oct. 8, a single holder controlled about 66% of the RealFi staking vault, which held roughly 2.58 million USDrf.
RealFi’s dollar-pegged token USDrf is offering an annualized yield close to 50% on Strike Finance, according to a Techub News brief citing BeInCrypto. Strike showed the current annualized rate at 49.31%, with related loans at about $119,200.
Yield structure and collateral use
USDrf is backed by off-chain real-world assets, including direct corporate loans, U.S. Treasuries, and floating-rate bonds. Users can stake USDrf to receive sUSDrf, which can be used on Strike Finance as collateral to borrow assets.
Bodega lists a market on whether deposits reach $1 million
Cardano founder Charles Hoskinson proposed a prediction on whether USDrf deposits on Strike could reach $1 million. Bodega, a Cardano prediction market, then listed that market.
Official Strike data showed the vault increased from about $100,000 to $150,000 within one hour on Oct. 17.
Loss waterfall and concentration data
RealFi code files show that protocol reserves would take losses first, before sUSDrf holders.
As of Oct. 8, a single holder controlled about 66% of the RealFi staking vault, which held roughly 2.58 million USDrf.
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