CoinDesk reported:
Enter Flux Finance, a decentralized finance protocol backed by Ondo that functions as a permissionless touchpoint and, crucially, makes it accessible to retail investors. Allman says one way retail investors can access OMMF’s yield without owning the security outright is by lending non-yield stablecoins like USDT and USDC into Flux, a protocol he describes as “similar to Aave and Compound” but without the overcollateralization. Then, whitelisted institutional clients can borrow the stablecoins in the Flux pool and mint OMMF, pocketing a small spread and paying out some yield to the protocol, which is passed onto retail investors.