💰Where Does the Yield Come From?

The Fedz generates yield by issuing tokens and operating markets.

That’s it.

There is no external yield source, no emissions, and no hidden leverage. Revenue comes from real usage of The Fedz markets.

The Fedz issues tokens such as $FUSD and FStocks and provides liquidity for them through public and Private Liquidity Pools. These pools allow users to trade, enter, exit, and hold these tokens with predictable liquidity.

This activity generates fees and spreads. In crypto terms, this is the system’s yield.

Who Pays?

The people who pay are the end users of the system:

  • Traders, who pay trading fees when swapping tokens

  • Token holders, who rely on deep liquidity and stable markets

Markets and tokens are the service. Trading and holding are the consumption.

The Fedz earns revenue because people choose to use these markets.


What Does The Fedz Provide?

The Fedz provides:

  • Continuous liquidity

  • Issuance and redemption of tokens

  • Orderly entry and exit

  • Protection against chaotic bank-run dynamics

Without this structure:

  • liquidity would disappear under stress

  • prices would gap

  • exits would become unstable

Preventing that is the core service The Fedz provides.


Why This Can Generate Meaningful Yield

Operating this system involves real risk, especially bank-run risk.

The Fedz stands in the middle of flows:

  • when others rush to exit,

  • when liquidity is scarce,

  • when markets are stressed.

In traditional finance, institutions that absorb this risk, like banks, clearinghouses, and exchanges, are structurally profitable.

High systemic risk can and should be matched with high returns.


Capital Efficiency Amplifies Revenue

The Fedz is capital-efficient by design.

Because it does not require full collateral at all times:

  • each unit of capital supports more liquidity

  • more liquidity enables higher trading volume

  • higher volume produces more fees

This is the same logic behind fractional-reserve systems.

For every unit of capital The Fedz commits, the system enables multiple units of economic activity.

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