Brazil Yield Docs

How it works

Brazil Yield enables on-chain access to Brazil’s base interest rate (SELIC). Users swap USDC to BRLA, stake BRLA to receive stBRLA, and the stBRLA/BRLA ratio increases over time as rewards are distributed. You can unstake at any time to redeem BRLA, then swap back to USDC.

Rewards distribution occurs Monday–Friday in the morning (Brazil time) and is managed by Avenia (avenia.io).

Key contracts

BRLA (Polygon): Brazilian Real stable asset.
stBRLA (Polygon): staking receipt token representing BRLA in the vault.
Uniswap V3 USDC/BRLA pool: on/off ramp between USDC and BRLA.

FAQ

Can I exit anytime?

Yes. Unstake stBRLA for BRLA, then swap BRLA for USDC.

Where does yield come from?

From SELIC rate accrual reflected in the stBRLA/BRLA exchange rate.

What network is supported?

Polygon for staking and swaps. Base can be used for bridging.

Is this an RWA?

It mirrors a real-world rate (SELIC) via on-chain mechanisms. RWA classification depends on jurisdiction-specific definitions.