Sr and Jr tranches on high-yielding Brix assets are looking incredible.
e.g. yield-bearing TRY (wiTRY)
If you are risk-averse, go senior tranche:
- Up to 10% APY in USD terms.
- Principal with a coverage ratio.
If degen mode, go junior tranche:
- Up to 25% APY in USD terms.
- An observation period before losses are realized if trade shifts.
Tranches compose into a yield play; split principal from returns, lever up, all on top of an already high-APY position.
@brix_money @roycoprotocol is looking good.
Onwards 🫡