Convert Strata Senior USDe SRUSDE to UNUS SED LEO LEO

Strata is a generalized risk-tranching protocol that brings structured yield products to any on-chain or off-chain yield strategy by splitting yield into tokenized senior and junior tranches, each tailored to distinct risk–reward profiles. Senior tranche is essentially an over-collateralized, yield-bearing asset that offers minimum guaranteed yield at a benchmark rate and is protected against underlying counterparty credit risk, with coverage provided by the junior tranche. It is designed for risk-averse investors looking for safer, more predictable yields on digital dollars that outperform T-bill rates, Aave lending yield, Sky Savings etc. where conservative capital in DeFi typically resides today. Junior tranche is a liquid investment product and serves as a market-priced insurance fund that underwrites underlying strategy’s underperformance against the benchmark rate and counterparty credit risk. It is well-suited for users with a more aggressive risk profile, including DeFi-native power users, hedge funds, and yield farmers who seek higher yields and have a slightly higher risk tolerance. Strata’s dual-token design introduces a meaningful shift in risk management by splitting yield and risk exposure into distinct senior and junior tranches. By transforming the underlying yield strategy into risk-tiered tranches, allowing different types of investors to access yield based on their risk appetite, Strata is redefining how on-chain or off-chain yield is accessed, managed, and scaled across DeFi.

UNUS SED LEO (LEO) is a cryptocurrency and operates on the Ethereum platform. UNUS SED LEO has a current supply of 985,239,504 with 920,505,504.9 in circulation. The last known price of UNUS SED LEO is 10.02566324 USD and is down -0.42 over the last 24 hours. It is currently trading on 68 active market(s) with $802,293.89 traded over the last 24 hours.