Strategy

Genesis

Initial contributions to fund the YAT with YEET at a discount and a treasury of BERA to continue acquiring YEET in the open market.


The Flywheel

After Genesis, YAT grows through a simple cycle:

  1. Raise Capital: YAT issues YeetBonds to bring in additional BERA capital.

  2. Build the Treasury: BERA is swapped into BERA related assets (e.g. swBERA), deployed into low risk yield strategies and swapped for YEET over time.

  3. Grow Value: As treasury value increases, the YAT’s MNAV grows.

  4. Expand Participation: shYEET may be issued at a premium when market conditions are favorable, bringing in more capital and restarting the cycle.

This reflexive process ensures that every raise strengthens YEET and the YAT treasury simultaneously.


Treasury Strategy: YEET Buys

The YAT treasury will be composed primarily of YEET and BERA-related assets such as swBERA and BGT LSTs. Non-YEET assets will be deployed into low-risk yield strategies, with returns recycled into YEET accumulation.

Capital deployment will be split across:

  • 70–80% → TWAP YEET buys.

  • 10–20% → floor support (e.g. concentrated liquidity bands).

  • Remaining balance → discretionary YEET buys when conditions are favorable.

YAT will also seek to whitelist a reward vault to capture Proof of Liquidity yields.


Treasury Strategy: Yield Positions

The Treasury's positions and composition will always be displayed on the site:

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