Question 1

What backs IEFON?

Accepted Answer

IEFON (iShares 7-10 Year Treasury Bond ETF (Ondo Tokenized)) is backed by Tokenized exchange-traded funds (ETFs).

Question 2

Can I trade IEFON 24/7?

Accepted Answer

Yes — IEFON trades on-chain 24/7/365, including weekends when traditional markets are closed.

Question 3

Is IEFON permissionless to buy?

Accepted Answer

Partly — IEFON trades permissionlessly on secondary DEX pools, but minting or redeeming directly with the issuer requires KYC / accredited-investor eligibility.