Three kinds of tranches come out of the same Royco infrastructure.
One splits risk. One guarantees an exit. One does both.
Every tranche runs on one of two risk profiles: protected (Senior and SLP), or first-loss (Junior).
Every tranched position on Royco now shows up in @DeBankDeFi and @Rabby_io.
Senior, Junior and SLP, all tracked live alongside the rest of your portfolio.
Junior yield from @USDai_Official is currently amplified. Utilization explains why.
The sUSDai market requires 7% minimum coverage. At least 7% of the market's TVL has to sit in the Junior, the tranche that absorbs losses first.
Utilization is high right now. Here's what that