User Flows and Strategies

User Flows:

Action	What User Deposits	What User Receives	Result
Long Fixed Yield	BT	PT (discounted)	Lock in fixed rate until maturity or renewal
Long Yield / Leveraged	BT	YT	Receive 100% of future yield
Provide Liquidity	BT	LP Shares + PT or YT	Delta-neutral exposure + fees
Instant Mode	BT	LP Shares	All PT/YT automatically swapped back into BT

Strategies:

Strategy	Description	Target Users
Fixed Yield	Buy PT at discount → lock in fixed rate until maturity	Institutions, DAOs, stableseekers
Leveraged Yield Farming	Buy YT with leverage → amplify exposure to rising rates	Degens, yield speculators
Yield Hedging	Hold underlying + short YT → lock in current yield regardless of rate drops	Stakers, miners, RWA holders
Basis Trading	Arbitrage discrepancies between Minke implied yield and perps funding rates	High-frequency traders
Structured Products	Combine PT + YT in custom ratios for custom payoff profiles	Funds, vaults builders