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Tokenized Treasurys has grown to a $600 million market, with Ondo Finance’s OUSG token claiming a significant share of $134 million since its inception in January. Flux Finance, developed by Ondo’s team and governed by a decentralized autonomous organization (DAO) through community votes, lets investors take out loans by pledging
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Enter Flux Finance, a decentralized finance protocol backed by Ondo that functions as a permissionless touchpoint and, crucially, makes it accessible to retail investors. Allman says one way retail investors can access OMMF’s yield without owning the security outright is by lending non-yield stablecoins like USDT and USDC into Flux,
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On Ondo’s site, the OUSG fund invests in short-term government treasuries, earning 4.2% per annum; the OSTB invests in short-term bonds, earning 5.45% per annum; and OYHG invests in high-yield corporate bonds, paying out 8% per annum to depositors. Fees for these funds are currently listed at 0.15%. Original Source
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The token will provide voting rights in the DAO, which will include the ability to control components of the smart contracts and to dictate some strategic decisions like partnerships with chains and stablecoins. The tokens will initially be globally non-transferrable, meaning the tokens can’t be sold in a secondary market,
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