Tokenized Issuer Superstate Introduces New Tokenized Fund to Profit from BTC, ETH ‘Carry Trade’

Ethena’s token generates yield from perpetual futures’ funding charges and passes on the revenue to those that lock-up or stake, the token. In the meantime, Superstate sells futures with sure maturity dates offering a extra predictable return, and distributes the yield to all token holders, Leshner mentioned. USCC additionally targets certified, whitelisted buyers to adjust to U.S. securities legal guidelines and operates as a sequence of a Delaware Belief, a bankruptcy-remote entity from Superstate, he added.