You can spend $1 on a bottle of water and finish it in seconds. But that same dollar can get you exposure to US residential housing loans through @NUVAFinance HOME. With just 1 USDC, you can access a managed portfolio of US housing loans onchain through nvHOME. The loans are originated by Figure and its lending partners, while Figure Investment Advisors LLC manages the portfolio. HOME has a 7% target policy rate, set monthly, and a first-loss buffer targeted at 5% of the initial $12M vault cap. The buffer is designed to absorb certain losses before they reach holders, although it doesn't eliminate risk. Of course, the 7% isn't guaranteed. And with redemptions taking up to 3 US business days under the stated terms, liquidity isn't instant either. The part that interests me is where the yield comes from. These are housing loans, not just another token people are buying and hoping will pump. But beyond the target rate, the underlying credit quality, risk controls and vault structure are what determine whether that yield is worth pursuing. It's an interesting way to get exposure to real-world credit without buying property outright. @NUVAFinance