How is the yield managed for JupUSD?

JupUSD's underlying reserves (90% BlackRock BUIDL, 10% USDC) generate T-bill yield. JupUSD itself does not accrue any yield.

Earnings from the underlying reserves are accessible only through explicit opt-in wrappers (e.g., jlJupUSD via Jupiter Lend → Earn or other integrated protocols), not by holding JupUSD directly.

Note: The T-bill yield distributed comes only from reserves backing net minted JupUSD, not the total JupUSD deposited into earn vaults. Since vault deposits can exceed total minted supply, per-unit yields may be lower than the gross reserve rate.