> ## Documentation Index
> Fetch the complete documentation index at: https://docs.byzantine.fi/llms.txt
> Use this file to discover all available pages before exploring further.

# How borrower interest creates returns

# Borrower demand creates the return

Specialist borrowers provide collateral, access short-term EUR- or USD-linked liquidity and pay interest. That interest creates the return.

## How it works

1. Funds are made available through supported venues
2. Borrowers provide collateral worth more than the amount requested
3. The rate moves with supply and demand
4. Borrower interest contributes to the strategy return

Keyrock Curation Services selects and monitors venues within predefined parameters. Byzantine provides technical access only.

<Note>
  Returns are variable and not guaranteed. Capital is at risk.
</Note>