Back a service
Take the premium, and the risk
Canary
availability ≥ 99%
USDG leg backer APR31.58%
Realized slash, 30 d3.00%
Operator first loss0.0850 USDG
Room in the USDG leg0.2150 USDG
$PBI legopens when the token is bound
Start
Go mode makes an account from a passkey on this device and PBI pays its gas. You still bring the USDG you back with. Builder mode uses your own wallet.
01
Senior to the operator
Your capital sits behind the operator's junior tranche in the same leg. A slash takes the junior first, then backers pro-rata.
02
Paid by the second
The operator's premium streams from its pre-funded balance. Within a leg it is shared pro-rata to assets, junior and senior alike.
03
Exits wait one settlement
An exit executes once the epoch after your request is settled, so nobody leaves a breach in progress. If a bond lapses, the current epoch is enough.