Unlike bcrvUSD+ which generates a fluctuating yield rate, crvBONDS tokens each have a set date at which they can be redeemed for 1 unit of bcrvUSD.
As a result, the yield rate of crvBONDS tokens is consistent and reliable.
During the second half of 2026, crvBONDS DAO plans to produce several crvBONDS tokens with varying maturity dates, ranging from 1 year, 2 year, 4 year and 10 year Bonds.
The initial base APY of crvBONDS is planned to be between 8% - 15%. Exact rates TBD according to market conditions.