Yield Distribution and Rebasing

This lesson is for enrolled learners

The Concept Once Treasuries are earning interest inside a fund, that yield has to reach token holders somehow. There are two dominant mechanisms in production today, and the choice between them has real consequences for accounting, tax treatment, and whether the token integrates cleanly with DeFi. NAV appreciation passes yield through by letting the token's price rise over time while……

Enroll to continue Already enrolled? Sign in