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RBT is backed by assets held in the Blackhaven reserves. Reserves accumulate from bond issuance, forfeits, and operations. The backing ratio is a real-time, on-chain function of reserves and circulating RBT. Market price is set by open trading and may be above or below the backing ratio. RBT is composable across the MegaETH DeFi ecosystem and can be used in products and liquidity positions throughout the network.