BNB Chain Touts On-Chain Yield to Boost Tokenized Asset Productivity
At the Real-World Asset Summit in Brooklyn on September 1-2, BNB Chain made its case for using on-chain yield, allowing users to earn interest on funds they're already using as collateral. Thomas Chen, Head of Commercial for BNB Chain, presented multiple panels during the event.
The network currently hosts around $5.67 billion in distributed real-world asset value, including tokenized products like Circle's USYC, which represents institutional-grade assets. Approximately $1.5 billion of these RWAs are locked inside lending protocols on BNB Chain, generating additional yields for their holders while serving as collateral.
BNB Chain's 'yield from collateral' framework aims to address DeFi's capital inefficiency issue, where posting collateral typically means locking up assets that could be used productively. Chen highlighted the potential of programmable collateral becoming the default rather than the exception.