Yield trading protocol token Yew is a utility token for yield trading on Robinhood Chain. Yew (YEW) is a yield trading protocol token on Robinhood Chain. It enables users to separate tokenized assets into Principal Tokens and Yield Tokens for on-chain yield management. The protocol supports locking fixed yields, speculating on dividends, and providing liquidity. Token mechanics Yew facilitates splitting tokenized assets into PT and YT components. Users deposit tokenized assets into vaults and receive PT and YT at a 1:1 ratio. PT represents the principal claim while YT captures yield rights. Both function as independent ERC-20 tokens that can be traded separately. Chain and launch context Yew operates on Robinhood Chain alongside tokenized stocks and DeFi tools. The protocol runs on Robinhood Chain, an Ethereum Layer-2 network focused on tokenized real-world assets. It integrates with the chain's ecosystem of stock tokens and decentralized exchanges. Development appears tied to the network's growth in DeFi applications.

AI-written summary, not the project's own copy