What is TProtocol？
TProtocol is the next generation DeFi infrastructure. The vision of TProtocol is to solve the DeFi yield crisis by bringing fully DeFi composable Treasury to blockchain.
With a 5%* risk-free yield on-chain, the demand for T-Bill tokens increases significantly. TProtocol fills the gap and increases the base yield of DeFi.
How do I interact with TProtocol？
There are 3 main ways to interact with TProtocol: - Deposit $USDC to mint $TBT and enjoy the 5%* high risk-free yield. - Provide liquidity for $TBT on Curve.fi - Stake $TBT-3CRV LP to get liquidity farming reward in $TPS
What are the fees of TProtocol
There are 3 types of fees: - Minting cost: when users deposit $USDC to get $TBT (T-Bill backed token), TProtocol charges a 10 bps fee; - Redemption fee: when users redeem their $TBT for $USDC, TProtocols charges 30 bps in total. 10bps is charged to pay our T-Bill supplier. 20 bps is charged as protocol fee; - Management fee: TProtocol charges an annualized 10 bps management fee on the TVL of $TBT. The management fee will be directly subtracted from the original APR. For instance, if the underlying T-Bill pays 5.5% APR, the user will get 5.4% APR instead.
How do I know my funds are safe?
TRANSPARENCY THIRD-PARTY REPORT A third-party firm will keep track of the portfolio holdings of our T-Bill supplier to make sure the funds are used to purchase the corresponding T-Bill in real-time. SEPARATE LEGAL ENTITY An SPV (Special Purpose Vehicle) will be registered to solely conduct T-Bill trading activities. The SPV has no debt liability to the ceDeFi institution.