AUTO AUTO real-asset yield

About AUTO

AUTO is a token issued by Hastra and minted by staking wYLDS into a pool of consumer auto loans reached through the Democratized Prime lending marketplace. Its return comes from the interest those borrowers pay, net of the Hastra platform fee; the loans are originated by Agora Data in the near-prime segment and are secured by the financed vehicles. Like Hastra PRIME the token does not rebase, so the balance stays fixed while the wYLDS backing each token grows and the accrued amount is realized on redemption.

Issuer

Hastra

Chains

Solana · Ethereum

Underlying

Interest paid by near-prime US consumer auto-loan borrowers on loans originated by Agora Data and secured by the financed vehicles.

Yield accrual

Accrues in the token price; the balance stays fixed