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Yield Protocol

Access fixed-rate loans or start lending to earn a constant yield.

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Yield is a protocol for collateralized fixed-rate, fixed-term borrowing, and lending.

At the core of Yield are fyTokens, which represent tokenized loans. They are analogous to zero-coupon bonds in the sense that they do not pay interest but rather trade at a discount, rendering a profit at maturity when they are redeemed for their full face value.

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