Earn ~10% on USDC backed by real estate
Earn ~10% APR on tokenized real estate, distributed weekly, accessible globally. Curated by 9 Summits, powered by lend.xyz.
Deposit in ~2 min via Lagoon · USDC on Ethereum
The vault
Flint's vault, live now.
Flint USD
Ethereum
TVL
$144.6K
APR (TARGET)
~10%
AVG. DURATION (Months)
~18
Real estate-backed USDC yield. Allocates to lend.xyz bonds backed by euro-denominated real estate operations. ~18-month average duration, weekly distributions. Underlying exposure is EUR.
First distribution
June 10th 2026
Early depositors
Boosted Lend points
NEXT DISTRIBUTION IN
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Distributions settle every Wednesday, between 2PM and 6PM UTC
Lagoon Finance
ERC-7540 vault infrastructure
Flint vaults run on Lagoon Finance, a non-custodial vault protocol using the ERC-7540 standard. Your USDC stays in audited smart contracts at all times, no intermediary, no custody risk.
Our Products
Real estate-backed yield
Flint vaults invest in tokenized real-world assets (real estate bonds, private credit, and institutional debt) to generate stable, uncorrelated yield fully onchain. Every allocation is transparent, audited, and backed by hard collateral.
01
RWA-backed collateral
Each asset on Flint comes from real-estate backed bonds guaranteed by hard collateral, generating stable yield with predictable returns. Benefit from on-chain composability while keeping a low correlation with risk-on markets.
02
Weekly distributions
Yield is distributed every week with full on-chain traceability, from protocol revenue collection to your wallet. No lock-up surprises. Distributions follow a fixed ~18-month average duration cycle.
03
Risk-managed strategies
Each vault undergoes a rigorous risk framework by 9 Summits, covering smart-contract exposure, liquidity depth, and counterparty credit risk. Only strategies passing all criteria are listed on Flint.
04
Non-custodial by design
You retain full ownership of your assets at all times. Flint vaults are permissionless smart contracts. Deposits and withdrawals occur directly on-chain with no intermediary holding your funds.
05
Redemptions
We target redemption windows of 7 to 21 days. They're processed through a network of TradFi liquidity providers who can buy your position directly. If you have a specific redemption need, reach out to the team.
Vault composition
Flint deploys across two underlying protocols. The bulk goes to RWA bonds via lend.xyz; a small buffer stays liquid on Steakhouse to keep earning between deployments and act as a liquidity buffer for redemptions.
lend.xyz
RWA bonds · core allocation
95%
lend.xyz is the underlying RWA protocol powering Flint vaults. It provides the smart contract layer for deploying USDC into real estate-backed bond operations, fully audited & compliant.
Steakhouse Prime USDC
Idle liquidity buffer · ~4% APY
5%
A small USDC buffer parked in this Morpho-curated vault so idle capital keeps earning between deployments. An internal component of Flint, you never deposit here directly.
Curated by
Expert curation, onchain
Every vault listed on Flint is hand-picked and continuously monitored by a professional onchain asset manager.
CURATED BY
9 Summits
9Summits.io is an onchain asset manager specializing in decentralized finance (DeFi), dedicated to elevating investor returns through expert curation and risk-managed strategies.
9Summits curates top-performing vaults across leading protocols including Lagoon Finance , Morpho , Euler , and Silo , empowering users to access the best risk-adjusted returns onchain without needing to navigate the complexity themselves.
AUM managed
$24M+
Live strategies
8 vaults
Residential renovation
Short-term
Datacenters
Commercial units
Underlying Assets
Vault exposure
Each vault allocates capital to a diversified pool of euro-denominated real estate assets issued by audited & compliant partners.
* Illustrative examples. Actual assets may differ.
Risk and liquidity, in plain terms
No fine print. The honest picture.
FX exposure
Your principal is held in USDC, but the underlying loans are euro-denominated, so returns carry EUR/USD exposure.
How we manage it
The euro exposure is currently unhedged, so returns move with the EUR/USD rate. A hedged share class is planned.
Redemptions
Exit requests are processed within 7 to 21 days. Liquidity flows in order: first from the buffer pool, then from new subscriptions, then the secondary market, and finally direct TradFi buyers.
The terms
A layered system with a clear path of redemption.
EUR / USD
FX exposure on underlying
~18 months
Average loan duration
7 to 21 days
Redemption window
Rewards
Yield, plus points that compound your edge.
On top of the ~10% APR, deposits accrue lend points continuously and qualify for Merkl incentive campaigns. Genesis depositors earn a boosted rate.
See the rewards mechanics →Lend points
0.0013
points / $ / hour, accrued continuously
Genesis boost
2×
on lend points until June 30, 2026
Merkl
Incentives Live
Merkl incentive campaigns, claimable on-chain
FAQ
Common questions
If you don't find what you're looking for, reach out at hello@flintrwa.xyz.
What do I deposit and what do I get back?+
You deposit USDC. You earn ~10% APR plus weekly on-chain distributions. When you redeem, you get USDC back. No token to manage, no manual claiming required.
Where does the ~10% APR actually come from?+
From interest paid by real estate operators. Your USDC funds bonds originated through lend.xyz, backed by real estate operations across Europe. Operators pay interest on those bonds, and that flows back to depositors weekly. Every step is traceable on-chain.
What's the EUR exposure about?+
The underlying bonds are euro-denominated, even though you deposit and redeem in USDC. So there's indirect EUR/USD exposure. If EUR weakens against the dollar, your dollar-denominated returns take a hit. It's disclosed, and it's not hedged by default.
How do redemptions work?+
Submit a redemption request through Lagoon Finance. The target window is 7 to 21 days, fulfilled through a network of TradFi liquidity providers who can buy vault positions directly. For anything urgent, reach out at hello@flintrwa.xyz.
Who manages the vault?+
9 Summits, a professional onchain asset manager. They vet every bond opportunity, monitor ongoing exposure, and handle the allocation. They run $24M+ across 8 active vaults on Lagoon, Morpho, Euler, and Silo. The allocation decisions sit with them, not with an autonomous contract.
Is it audited? Who holds my funds?+
The contracts are audited. Flint runs on Lagoon Finance (ERC-7540 standard), audited by Hashlock, Trail of Bits, and Nethermind. Each bond allocation goes through 9 Summits' formal due diligence. Nobody holds your funds: you interact directly with permissionless smart contracts.
What are the actual risks?+
EUR/USD moves affecting USDC returns. Real estate market conditions affecting bond collateral values. Smart contract bugs in lend.xyz, Lagoon, or Morpho. These risks are disclosed, not eliminated. Review the audit reports and the risk framework before depositing.
Do I need to do anything to earn rewards?+
No. Lend points accrue automatically at 0.0013 per dollar per hour while you're deposited. Merkl incentives stack on top. Nothing to claim or opt into, both run in the background.
Contact
Get in touch
Have questions about our assets, strategies or vaults? Our team is available by email or Telegram.
Write to us
For any questions about our vaults, underlying assets, yields, or any other inquiries our team replies within 24 hours.
hello@flintrwa.xyz →
Telegram
Talk to the team
Follow real-time updates, ask questions directly to the team and connect with other investors on our official channel.
t.me/paul_flint →
Genesis vault
Early depositors earn boosted lend points until June 30, 2026.
The Genesis allocation closes June 30. After that, the boost is gone and deposits go in at the standard rate.
Deposit in ~2 min via Lagoon