> ## Documentation Index
> Fetch the complete documentation index at: https://t3sa.com/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# Yield and Allocation

> Where the yield comes from and how the allocation is split

The yield comes from tokenized U.S. Treasuries, not from credit strategies, leverage or farming.

| Asset | Issuer | Approximate rate | Default allocation |
| - | - | - | - |
| USDY | Ondo Finance | 5.0% p.a. | 60% |
| BUIDL | BlackRock | 5.2% p.a. | 40% |

The default portfolio delivers a consolidated yield close to 5.1% per year. The rate tracks the Treasury curve: if the U.S. risk-free rate falls, the portfolio yield falls with it.

Yield accrues daily and appears in the dashboard split into two lines: the balance that is yielding and the balance available for immediate use. The ratio between the assets is not fixed: rebalancing follows the rate spread between the issuers.