Where does the yield come from?
BounceBit is generating "real" yield, backed by market-driven funding rates.
Long answer⏬
To help gauge the estimated yield on an asset, we provide trailing 7 & 30 day average returns calculated daily based on total strategy returns divided by average daily staked assets.
Thus, 30D APR can significantly differ from 7D APR👇 (BB yield stays consistent)
Going forward, BounceBit will enable RWA assets to partake in this system.
A growing $13B of RWA collateral opportunity is waiting to be harvested.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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