Centrifuge is onboarding institutional real-world credit to Optimism by tokenizing a high-yield public credit strategy into a DeFi-native asset with daily NAV and predictable redemption mechanics. The project will bootstrap a deHYB/USDC collateral-borrow market on Morpho, using milestone-gated incentives to deepen liquidity, enable looping strategies, and drive sustained on-chain lending activity. This expands Optimism’s RWA and institutional DeFi ecosystem with transparent, mark-to-market yield opportunities designed to persist beyond temporary subsidies.