# Introduction ONyc is designed to function as a yield-bearing dollar asset within DeFi markets. It can be held, traded, and integrated across supported onchain venues while maintaining a close relationship to NAV through collateral management and liquidity controls. ONyc is supported by a dedicated liquidity layer and treasury mechanisms that monitor secondary market conditions and respond to pricing or liquidity imbalances. These mechanisms are designed to support predictable behavior in environments such as lending markets, liquidity pools, leveraged strategies, and trading venues. The onchain design allows users to interact with ONyc using standard DeFi primitives while retaining real-time visibility into supply, collateral composition, NAV, and system health through public dashboards and oracle-based reporting. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.onre.finance/onyc-in-defi/introduction.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.