1/ Following the current market dynamics post-launch, the Senior/Junior ONyc yield split will be slightly updated to better balance the market:
• srONyc target APY: 6.4% → 7.2%
• jrONyc target APY: 27.5% → 25.4% (excluding rewards APY)
The update will go into effect tomorrow, July 2nd at 7:00am ET
We've also shipped new tools to the UI to help users better understand expected tranche APYs ↓
A new, safer yield ecosystem is here
Introducing Exponent Risk-Tranching – principal protection for @Solana DeFi and RWAs
Now live with @OnRefinance's ONyc