What is RWUSD?

What is RWUSD

RWUSD is a flexible, principal-protected product designed to provide stable returns. The APR is accrued daily and benchmarked against yields from real-world assets (RWA), such as tokenized Treasuries. RWUSD records users’ subscribed positions and accumulated earnings within BloFin. It is not a stablecoin, tokenized RWA, or security product. Redemptions are settled in USDC on a 1:1 basis, net of any applicable fees. The yield references return from tokenized Treasuries and similar RWA products, with the rate set at BloFin’s discretion.

How does RWUSD work? Where does the yield come from?

RWUSD is a simple way to earn stable returns on your USDT. By subscribing, your funds are allocated to secure real-world assets, such as Treasuries. The income generated from these assets is converted into daily interest payouts, distributed directly in RWUSD.

How do I subscribe to RWUSD? Is there a limit?

You can subscribe to RWUSD at any time using your USDT, subject to your individual and overall product subscription limits. Upon subscription, you will receive the corresponding amount of RWUSD at a 1:1 ratio. For example, if you subscribe with 100 USDT, then you will receive 100 RWUSD in your Earn Account as the tokenized representation of your subscribed assets. The minimum holding to qualify for rewards is 0.01 USDT equivalent. Both main and sub-accounts are eligible to participate.

How to redeem my assets? Is there a redemption fee?

You may redeem RWUSD at any time. Upon redemption, your principal and any accrued returns will be credited directly to your BloFin Earn Account in USDC, net of any applicable fees.

We offer two redemption options:

• Fast Redemption: Your assets are returned instantly, with a 0.1% redemption fee applied to the redeemed amount.
• Standard Redemption: Your assets are returned by 8:00 UTC on the third day after your redemption request (D+3), with a lower redemption fee of 0.05%.

Example: If you submit a redemption request at 23:00 UTC on May 1, you will receive your USDC before 8:00 UTC on May 4. Redemption is subject to daily personal and product-wide limits, both of which reset at 00:00 UTC everyday.

How are the rewards calculated? Where can I see the rewards earned so far?

The reward APR is determined based on market conditions and the sustainability of the product. Rewards begin accruing the day after you subscribe and are distributed daily by 14:00 UTC in RWUSD. The reward amount is calculated based on your eligible balance, and interest is calculated daily. To ensure fairness, the system takes multiple random snapshots of your balance throughout the day. The eligible balance is defined as the smallest snapshot value recorded that day. If you redeem your assets, reward accrual stops on the day you submit the redemption request. Your final reward is calculated up to the day before your redemption. No APR rewards are earned during the redemption processing period. You can view your accrued rewards and details directly in your Earn Account dashboard.

What are the risks of RWUSD?

As with any investment, there are risks, including fluctuations in market interest rates and changes to the product APR. While the invested principal is allocated to low-risk real-world assets such as Treasuries and is not directly exposed to crypto market volatility, redemption fees may reduce your overall returns.

 

Is my principal protected in RWUSD?

Yes. Your subscription amount (USDT) is principal-protected and backed by investments in low-risk real-world assets such as Treasuries. You can redeem your assets at a 1:1 ratio in USDC.

Is there any fee when subscribing to or redeeming from RWUSD?

There are no subscription fees for RWUSD. For redemptions:

• Fast Redemption incurs a 0.1% fee on the total redemption amount.
• Standard Redemption incurs a 0.05% fee on the total redemption amount.
 Occasionally, we may offer a daily free quota that partially waives the Fast Redemption fee. Example: If you hold 1,000 RWUSD and redeem via Standard Redemption, your asset value is 1,000 USDC. The redemption fee is 0.05% × 1,000 = 0.5 USDC, so you will receive 999.5 USDC in your Earn Account upon completion of the redemption process.

Is the APR marketed on the product page stable and guaranteed?

The reward APR is subject to change and may be adjusted periodically based on market conditions.

Can I trade RWUSD or transfer it to another user?

RWUSD cannot be withdrawn from BloFin, as it is not an on-chain asset and is not supported by external wallets or DeFi protocols. RWUSD is also not transferable between BloFin users. 

Currently, RWUSD is not tradable in the Spot market. You may redeem RWUSD to USDC directly from the product page at any time.