How do I get the yield from the treasury bonds by holding USDY?

You get the yield from the interest on USDY's tokenized notes. The yield is set on the first business day of each month. This number is quoted based on:

(1 + .04)^1/365 - 1 = 0.01074598% (rounded to 8 decimals places)

The yield on the USDY notes is supported by collateral (US Treasury bills) purchased by USDY, and held for the benefit of the token holders.

For more information on how the yields on the USDY are determined, please visit ONDO's FAQ.