How does Flow work?

A brief overview

Flow is a singular yield product that trades of yield (if only marginally) in exchange for better liquidity. Users will be able to deposit into Flow, there will be a brief time lock to avoid rebasing snipes, and then the assets will begin to accrue interest. The vault token will be stUSd and rebase similar to AAVE in that even if one deposits assets and they are not instantly transferred to buy bonds, they will earn a % of interest accrued that corresponds to their share of the total assets in Flow. The purpose of flow is to be a large and liquid pool that can deal with millions in withdrawals and deposits daily.

Like with the bonds, Flow can but is not obligated to have a performance fee ranging from 5-10%.