# Welcome to Nara ### What is Nara? Nara is a synthetic dollar backed by real-world, short-term payment financing (PayFi) of payment transactions. Nara provides sustainable yield via two products: the dollar-denominated NaraUSD and the yield-bearing staked NaraUSD (NaraUSD+). * NaraUSD is a digital dollar issued on the blockchain that can be used for payments and DeFi applications. NaraUSD's reserve is backed by real-world, short-term payment financing (PayFi) from payment transactions, i.e. tokenized payment flows in partnership with asset managers handling over $12 billion annually. It is redeemable for the underlying reserve assets. * Staked NaraUSD (NaraUSD+) is a savings product issued by staking NaraUSD. Any NaraUSD holder has open access to staked NaraUSD. Yield is generated via tangible economic activity from payment financing, exceeding 15% APR. The risk of yield generation is covered by the underlying payment flows, meaning users have access to high returns sourced from real economic activity rather than token speculation. --- # 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.nara.io/nara/quickstart.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.