Fixed Yield
Is Now
Collateral
Deposit Pendle PTs, receive your principal immediately. Your fixed yield becomes a stream NFT, a new collateral primitive.
The Problem:
Locked Capital
- Billions in Pendle PTs hold deterministic, asset-backed fixed yield.
- None of it is usable as collateral until maturity.
- The yield exists. It just doesn’t have a form you can use.
The Solution:
OVRFLO Protocol
- Receive your principal back immediately as liquid OVRFLO tokens.
- Your fixed yield becomes a non-cancellable Sablier stream NFT. Hold it, sell it, or borrow against it.
- A new collateral type. Deterministic, transferable, composable.
Protocol
Mechanics
Deposit
Deposit your Pendle Principal Tokens into OVRFLO.
Principal Returned
Your principal is returned immediately as liquid OVRFLO tokens.
Stream NFT
Your fixed yield becomes a non-cancellable Sablier stream NFT. A transferable, deterministic cash-flow instrument. That’s your new collateral.
Collateral Primitive
The stream NFT is a transferable, deterministic cash-flow instrument. Any protocol can evaluate, price, and build on it. Fixed yield is now collateral.
Permissionless
Anyone can create a stream NFT. No bank. No credit check. No minimum balance. The instrument carries its own creditworthiness.
Composable
Stream NFTs can be held, sold, borrowed against, or aggregated into structured products. One primitive, unlimited use cases.