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Live$0 TVL
USDT5.00%$145.00BUSDC4.50%$60.00BUSDe12.50%$5.20BRSWAN6.50%$5.00BUSDS5.00%$4.10BsDAI6.00%$2.80BPYUSD3.70%$2.50BUSYC3.85%$2.10BBUIDL3.43%$1.78BSAFO3.75%$1.00BBENJI3.54%$894.00MMPL-USDC9.50%$820.00MUSDT5.00%$145.00BUSDC4.50%$60.00BUSDe12.50%$5.20BRSWAN6.50%$5.00BUSDS5.00%$4.10BsDAI6.00%$2.80BPYUSD3.70%$2.50BUSYC3.85%$2.10BBUIDL3.43%$1.78BSAFO3.75%$1.00BBENJI3.54%$894.00MMPL-USDC9.50%$820.00M
bIB

How to Buy Backed IB01 Treasury Bond Tracker (bIB01)

Backed FinanceTreasuries

This guide walks you through buying Backed IB01 Treasury Bond Tracker (bIB01), a treasuries asset on Backed Finance currently earning 4.25% APY. Follow these 5 steps to start earning yield on your investment.

1

Set Up a Wallet

To invest in bIB01, you need a compatible crypto wallet. We recommend MetaMask or Rabby for browser-based wallets, or Coinbase Wallet for mobile. Make sure your wallet supports one of the following chains: ethereum, polygon, base, gnosis. Write down your seed phrase and store it securely -- never share it with anyone.

2

Get Stablecoins

bIB01 is typically purchased with USDC or USDT. You can buy stablecoins on any major exchange (Coinbase, Kraken, Binance) and send them to your wallet on ethereum. If you already have crypto, you can swap to USDC on a DEX like Uniswap or 1inch.

3

Complete KYC (If Required)

Good news: bIB01 on Backed Finance does not require KYC verification. You can invest directly from your wallet without identity verification. Note that regulatory requirements may change, so check the protocol's current requirements before investing.

4

Connect to Protocol

Visit the Backed Finance platform at https://backed.fi and connect your wallet. Make sure you are on the correct network (ethereum). Review the terms and conditions carefully. Check that the URL is correct to avoid phishing sites -- always access the protocol through official links or bookmark the site.

5

Make Your Investment

Select bIB01 from the available products and enter the amount you want to invest. Review the current APY (4.25%), any fees, and redemption terms before confirming. Approve the stablecoin spend and confirm the transaction in your wallet. Your yield will start accruing immediately after the transaction confirms.

Ready to invest in bIB01?

Start earning 4.25% APY on Backed Finance today.

Frequently Asked Questions

What is bIB01?

ERC-20 tracker certificate tracking the iShares $ Treasury Bond 0-1yr UCITS ETF. Regulated under EU securities law with 1:1 backing by the underlying ETF.

What APY does bIB01 currently offer?

bIB01 currently offers 4.25% APY. The 7-day average APY is 4.20% and the 30-day average is 4.30%. Yields can fluctuate based on market conditions.

Is KYC required to buy bIB01?

No, bIB01 does not currently require KYC verification. You can invest directly from your wallet.

What chains is bIB01 available on?

bIB01 is available on ethereum, polygon, base and gnosis.

View full bIB01 analysis

bIB01 Overview

Current APY
4.25%
TVL
$50.00M
Min Investment
None
KYC Required
No
Chains
ethereum, polygon, base, gnosis
Risk Level
low risk
Audit Status
audited

Quick Links

bIB01 AnalysisBacked Finance ProtocolYield ScreenerYield Calculator