Matrixdock Short-Term Treasury Bill Token Token

STBT


Price
$1.00 USD (0%)

24h Volume
0.00

Market Cap
$11,949,497

Last Trade
December 26, 2024

Last Trade
December 26, 2024
Matrixdock Short-Term Treasury Bill Token logo

STBT Market Cap & Volume

Source: STM.co

Trading History

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Terms

Fundraise Information

Total Raise -
Soft Cap -
Raise Status Closed
Minimum Investment -
Accepted Investors International Accredited
Exemptions Singapore Securities and Futures Act Section 275
Instrument LP Fund Interest
Token Issuance Info STBT offers a daily quota for T+1 (New York Banking day) quick mint and T+0 quick redemption. If the quota has been exhausted, remaining mint/redeem requests will usually be settled within T+2 days

Token Information

Price Per (STBT) $1 USD (0%)
Token Issuance Platform Matrixdock
Secondary Marketplace Matrixdock
Blockchains Available On Ethereum
Security Type Lp Fund Interest
Asset Class Pooled Investment Fund Interest
Payment Options Other

Token Rights

Holding 1 STBT is equivalent to holding 1 USD net-asset value (NAV) of short-term U.S. treasuries, with daily interest received via rebasing mechanism on-chain.

About

Overview

Fully backed by Short-term US treasuries, 1:1 pegged with USD, offering risk-free US treasury yields on-chain, exclusively designed for accredited investors.

Investors can either issue and redeem STBT through Matrixdock, or Matrixdock has incorporated CRV support to allow investors to trade STBT directly via STBT/3CRV pool on Curve Finance. The interest rebase mechanism makes STBT more convenient for accredited Investors to carry out market making and arbitrage strategies.

Highlights

Issuer: Prometheus Solutions
Custodian Fee: 0.35% annually
Service Fee: 0.15%, Waived Until 1 Feb 2025

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