Lenders

Overview

Lenders are any participants who wish to lend USDC to qualified borrowers for fixed terms of 6-month maturities and receive receipt tokens, called Term Bound Yield tokens or TBYs for short.

Yield Generated

At the end of the token's maturity, the lender will have the ability to redeem their TBY for their original principal amount plus any interest that is generated during the 6-month time period.

How to participate

If you are interested in becoming a lender within the BloomPool system, visit our website, and lend your USDC today!