> For the complete documentation index, see [llms.txt](https://docs.realfi.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.realfi.co/real-world-backing/how-the-returns-reach-the-user.md).

# How the returns reach the user

As real-world borrowers make their contractual repayments, off-chain cash flows are reconciled by the RealFi Treasury. New USDrf is then minted on-chain to reflect these realized profits and distributed to sUSDrf holders via discrete weekly staking epochs. Consequently, each sUSDrf becomes redeemable for progressively more USDrf. This is visible on-chain: In transaction cf281d835effb5034fb07abd8b17a283ce558319de19f4c7e54baea0fecbc3b6, the staking vault went from 1.000000 to 1.033333 USDrf while the sUSDrf supply was unchanged.

The protocol maintains liquid reserves covering at least 120% of expected 7-day net redemptions, and holds a minimum of 10% of assets in the immediate-access liquidity buffer at all times.

Returns are not guaranteed. Capital at risk. RealFi products are not available in the US, EU, UK, Hong Kong, and other restricted jurisdictions.