Ondo Finance Plans Yield-Producing Stablecoin Different For Institutional Traders

by Jeremy

Enter Flux Finance, a decentralized finance protocol backed by Ondo that features as a permissionless touchpoint and, crucially, makes it accessible to retail traders. Allman says a method retail traders can entry OMMF’s yield with out proudly owning the safety outright is by lending non-yield stablecoins like USDT and USDC into Flux, a protocol he describes as “much like Aave and Compound” however with out the overcollateralization. Then, whitelisted institutional shoppers can borrow the stablecoins within the Flux pool and mint OMMF, pocketing a small unfold and paying out some yield to the protocol, which is handed onto retail traders.

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