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Security Token Market

Hashnote US Yield Coin Token

USYC

Price
$1.07 USD (0%)
24h Volume
0.00
Market Cap
$388,807,369
Last Trade
November 1, 2024
Last Trade
November 1, 2024
Hashnote US Yield Coin logo

USYC Market Cap & Volume

Source: STM.co

Investment Fund Trading Lp Fund Interest International Non-US

Trading History

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Terms

Fundraise Information

Total Raise -
Soft Cap -
Raise Status Open since Active
Minimum Investment $100,000 USD
Accepted Investors International Non-US
Exemptions N/A
Instrument Fund LP Units
Token Issuance Info N/A

Token Information

Price Per (USYC) $1.07 USD (0%)
Token Issuance Platform Hashnote
Secondary Marketplace Hashnote
Blockchains Available On Ethereum
Security Type Lp Fund Interest
Asset Class Pooled Investment Fund Interest
Payment Options USD

Token Rights

SDYF invests in short-term US Treasury Bills and performs repo / reverse-repo activity as the underlying asset of the USYC token

About

Overview

USYC is the on-chain representation of the Hashnote International Short Duration Yield Fund Ltd. ("SDYF").
SDYF invests primarily in reverse repo on U.S. Government backed securities.

Being invested in overnight repo means minimized market risk, duration risk, and credit risk -- as good as being in a U.S. Treasury Money Market fund, but with the transaction speed, transparency, and composability of being an ERC-20. USYC lets you earn short-term risk free returns. Assets are deployed in reverse repo, with some allocated to T-Bills, to ensure maximum liquidity and minimum duration risk.

Highlights

Subscription Currency: USD (fiat), USDC, USDT, PYUSD
Subscription Fee: None for PYUSD and USDC, 0.10% for USDT
Redemption Fee: None for PYUSD, 0.10% for USDC
Mint / Redeem Time: T+0 to T+1 into USDC or PYUSD. On-chain mint available only during “market hours”. On-chain redemption available at any time but for limited size.
Performance Fee: 10% of Yield