Over the past year, R2 has continued to advance real-return practices in a market environment characterized by low attention and high uncertainty. From starting from scratch to stable operation and with TVL exceeding $10 million, R2 has gradually built an on-chain yield infrastructure for long-term capital through institutional-grade asset allocation, verifiable cash flow, and prudent structural design.

In Season 2, R2 introduces a clearer two-tier yield structure: sR2USD focuses on core yields with high liquidity and low risk, while sR2USD+ provides enhanced returns for long-term funds. Both Vaults are built on institutional-grade RWA and do not rely on leverage or token inflation, further reinforcing R2's position as a real-world on-chain yield infrastructure.

In Season 2, R2 introduces a clearer two-tier yield structure: sR2USD focuses on core yields with high liquidity and low risk, while sR2USD+ provides enhanced returns for long-term funds. Both Vaults are built on institutional-grade RWA and do not rely on leverage or token inflation, further reinforcing R2's position as a real-world on-chain yield infrastructure.

Against the backdrop of distorted macroeconomic data, resurgent geopolitical risks, and high uncertainty in policy paths, the market is re-evaluating "safe assets" and real returns. R2, based on real-world financial logic, introduces verifiable assets such as government bonds and institutional credit onto the blockchain, constructing a real return execution layer that is independent of policy direction and possesses a clear cash flow and risk structure. This helps users obtain transparent and sustainable on-chain returns in an uncertain environment.

R2 redefines on-chain "yields" based on real-world financial logic. Unlike simply pursuing high APY, R2 emphasizes the clarity and transparency of yield sources, asset maturity, risk structure, and redemption mechanisms. By introducing real-world assets such as government bonds and institutional credit onto the chain in an understandable Vault format, R2 constructs a real yield execution layer connecting traditional finance and Web3, allowing users to clearly understand what they hold in any market environment and obtain sustainable and verifiable on-chain returns.

The global financial system has entered a phase of interest rate cuts and increased liquidity, leading to a continued increase in demand for stablecoins and stable returns. As traditional interest rates decline, stable returns from real-world assets such as government bonds are becoming increasingly scarce. R2 brings these real-world returns onto the blockchain, providing a transparent and composable yield infrastructure, making "depositing USDC to earn real yields" the simplest on-chain experience, and driving Real Yield to become an important direction for the next cycle.

Rising geopolitical risks are driving demand for stablecoins and on-chain government bonds. R2 aggregates assets from multiple institutions, providing a transparent, verifiable, and long-term stable on-chain yield entry point.

Against the backdrop of tight global liquidity and escalating geopolitical risks, the market has entered a phase of high volatility and uncertainty, with real cash flow assets regaining their advantage. R2 recommends a capital-preservation-centric allocation: 70-80% in short-duration US Treasury bonds and private credit, 10-20% in BTC/ETH, and 0% in altcoins. In this cycle, on-chain transparent, verifiable, and asset-backed yield products will become the key preferred choice in the market, which is precisely the core advantage of R2's product system.