Question 1

What backs VYM?

Accepted Answer

VYM (Vanguard High Dividend Yield ETF (Dinari Tokenized ETF)) is backed by Tokenized exchange-traded funds (ETFs).

Question 2

Can I trade VYM 24/7?

Accepted Answer

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

Question 3

Is VYM permissionless to buy?

Accepted Answer

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