Unlocking Yield: A Guide to Minting USST with USDY and the YLD Distribution Mechanism
The document explains the mechanics behind the USST stablecoin Mint and how yield is generated for YLD holders. The process combines the stability of collateralised assets with a dynamic mechanism for harvesting value. Here is the step-by-step process of how USST is minted using USDY, and exactly how that translates