The BloomPool smart contract enables lenders to deposit stablecoins and lend to borrowers who will swap these assets for tokenized treasuries. Borrowers need to be whitelisted and will earn a spread compared to lenders.
Lender claims are fungible and tradeable as ERC20 tokens. Named Term Bound Yields or TBY's for short.
Broken into 3 different sections -
Last modified 6mo ago