Overview
- SIERRA is live on Avalanche and can be acquired by swapping USDC through Sierra’s web app or the LFJ DEX, with returns beginning immediately after purchase.
- Sierra says the token avoids staking steps, lock‑up periods, minimum balances and hidden fees, positioning it as a liquid yield instrument rather than a pegged stablecoin.
- The reserve mix is dynamically rebalanced under Sierra’s risk framework, allocating between investment‑grade RWAs and lending markets such as major DeFi protocols.
- OpenTrade provides the yield‑as‑a‑service infrastructure that orchestrates allocations across RWA and DeFi strategies, while Fireblocks enforces custody controls for on‑chain vaults.
- Sierra reports that RWA collateral is held at Tier‑1 financial institutions under an FCA‑regulated asset manager, offers a public transparency dashboard with real‑time data, and signals more partnerships ahead.