Compare
Four documents, the same five questions.
No throughput league table and no yield. The cells are what this library is willing to say about the text.
| Question | The Yield Protocol: On-Chain Lending With Interest Rate Discovery |
|---|---|
| What the text proposes | Yield Space is an invariant between a target asset and a zero-coupon token. The price of the zero-coupon token implies a rate, and the curve is built so that rate behaves like a rate rather than like a spot commodity. |
| Who may write | Allan Niemerg, Dan Robinson and Lev Livnev |
| What is settled | A fyToken, or equivalent, pays one unit at maturity. |
| Load-bearing assumption | The paper is the curve, not a promise that a later protocol stayed solvent. |
| What this library says afterwards | A reading of the public document. Not a copy of it, and not a claim about a later network that reused the name. |
| Rights | Official external source only |