DAB is the yield token. Liquid DAB earns daily HIVE drip. Staked DAB earns DBOND daily (at roughly the same APR). DBONDS (staked) mint more DAB using the mining lottery contract (like EDS miners and so on). DBOND is backed 1:1 with HIVE holdings. DAB is "pegged to 1 HIVE" but not necessarily asset backed.

RUG is asset backed by funds invested in defi farms on BSC (I think) managed by Hive account@silverstackeruk. Weekly yield from these is brought back to HIVE and used to mint DBOND as it's yield token. All designed to feed back around to produce yield for DAB.

Does that make any sense?