Bloom V2
Last updated
Last updated
Bloom is a protocol that brings yields derived from the "risk-free"(1) treasury bill rate into the DeFi landscape. Bloom V2 has expanded this idea of permissionless lending into a commercial loan that tracks the risk-free rate with a novel RWA order-book design that provides a seamless experience for all participants in the system.
Treasuries are debt obligations of the U.S. government, and because these obligations are backed by the "full faith and credit" of the government, they are generally considered one of the safest of all investments. However, even treasuries carry some credit risk. See the “Risk” section of these documents for additional information.