ArbitrumDAO’s STEP program’s first round (STEP 1) deployed over $30 million into tokenized real-world assets and generated approximately $700,000 in yield, setting a precedent for STEP 2’s expanded deployment.
Claim
Quotes that support claims
Generating nearly $700,000 in yield from over $30 million invested in products like BlackRock's BUIDL, Ondo's USDY, and Mountain Protocol's USDM during the program's initial STEP 1 tranche.
The program’s initial investment, exceeding $30 million, has already generated approximately $700,000 in yield from products including BlackRock’s BUIDL, Ondo’s USDY, and USDM from Mountain Protocol.
Referenced by
Industry impact, institutional involvement, and future outlook
Crypto news
Data block