Maseer Finance

Maseer is a DeFi infrastructure protocol purpose-built for tokenizing, pricing, and trading Real-World Assets (RWAs) on Ethereum. Any cashflow-bearing instrument can be onboarded as an ERC-20 token with issuer-configured parameters, institutional-grade on-chain pricing via the MaseerValve oracle, pluggable compliance per jurisdiction, and full DeFi composability for lending, borrowing, LPing, or use as collateral. Built by former core contributors to MakerDAO, Maseer's first live tokenized asset is CANA (California Carbon Allowances).

Maseer itself does not create yield. Instead, it provides the infrastructure to turn real-world assets (like California Carbon Allowances) into digital tokens that can earn returns for their holders.

Where the yield comes from — in two layers:

• Layer 1 — the asset itself. The main source of returns is the cashflow or value increase of the real-world asset behind the token. For example, CANA tokens track California Carbon Allowances, so their value moves with that market.
• Layer 2 — DeFi integration. Holders can take their tokenized real-world assets and put them to work in other DeFi protocols — lending them on Morpho, providing liquidity on Uniswap V4, or using them in credit pools on Wildcat — to earn extra returns on top of the asset's own value.

How fees and money flow within the protocol:

When tokens are minted (created) or burned (destroyed), the MaseerGate module charges fees. These fees are collected in the protocol's treasury (MaseerTreasury).

A separate contract (MaseerConduit) handles sending tokens to an off-chain service that manages distributions, rollovers, and settlement events automatically.

The MaseerValve oracle continuously provides an on-chain price (net asset value) for each real-world token. A helper contract (MaseerAggregatorLens) converts this into a format that other DeFi protocols can read, just like a standard Chainlink price feed.

A note on how yield is NOT made:

The protocol does not rely on creating new tokens out of thin air (no inflationary emissions). Instead, yield is structurally earned from two real sources: the cashflows of the actual assets, plus the extra returns from DeFi integration. Mint and burn fees are deducted along the way, and what's left is the net return for holders.

The Maseer homepage lists several backers and partners in the "Infrastructure" section. Identified investors (labeled "Investor"): W3i Fund, IOTA, and Curiosity Capital. Identified advisor: Distributed Capital (labeled "Advisor"). Partners and other ecosystem participants include ClearskyCarbon (carbon credit platform, CANA asset originator), Ajna Finance (labeled "Partner"), Prototech Labs (auditor), and Anthropic (toolkit). No specific funding rounds, amounts, or dates are disclosed anywhere on the official website, GitHub organization page, main repository README, or CANA dashboard.