muBOND

muBOND is a high yield token backed by Asia's best RWAs, designed for higher potential returns in exchange for providing insurance to AZND holders. muBOND is suitable for users seeking leveraged returns on the underlying Asset Pool while retaining full DeFi composability

• Risk: Junior (first loss capital)

• Yield Allocation: 25% of net yield from the Asset Pool, price adjusts periodically to reflect accrued yield

• Collateral: Subordinated claim on the RWA Asset Pool vs AZND holders

• Utility: Freely transferrable onchain, usable in various DeFi markets

muBOND repricing happens on a periodic basis, to reflect MtM changes in the underlying portfolio as well as accrual of yield. These price updates are expected to be published weekly at inception with the frequency intended to increase over time