Trade Locked Yield

Locked Yield lets you lock in a fixed interest rate for a predefined period — either by earning predictable yield or borrowing at a known cost.

What Locked Yield Is

From a user perspective:

• lending = fixed-term deposit,

• borrowing = fixed-rate loan.

Once opened:

• the rate is locked,

• the term is fixed,

• outcomes are deterministic.

There is no mark-to-market volatility and no ongoing management required.

Commitment-Based Design

Locked Yield positions are not designed for active trading or early cancellation.

This is intentional:

• it protects lenders and borrowers equally,

• it prevents rate arbitrage against the protocol,

• it keeps risk centralized and predictable.

Positions are meant to mature naturally.

How Rates Are Set

Rates are determined by:

• market demand for fixed yield,

• availability of matching counterparties,

• synthetic execution using IRS when needed.

Rates are market-driven at entry — but fixed thereafter.

Exit Options

• Hold to maturity (default, recommended)

• Sell the position NFT (Coming Soon)

• Avoid lock-up by choosing shorter tenors

There is no protocol-driven early exit.

Who Locked Yield Is For

Locked Yield is ideal for users who want:

• predictable income or borrowing costs,

• no exposure to rate volatility,

• minimal operational complexity.

If flexibility matters more than certainty, consider IRS or shorter tenor products instead.