
Fortunafi
@_Fortunafi • 3,698 subscribers
Higher Yield Backed by Real World Assets Subscribe to Real World Insights ➡️ https://t.co/tTs0SWtod6 Native on Blast, Arbitrum, & Canto
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🚨 THE TIME HAS COME! 🚨 The Fortunafi Tokenized Asset Protocol (TAP) App is officially LIVE on Canto! 😱 U.S. and non-U.S. users who completed KYC can now access tokenized U.S. treasury bills via the TAP app. 👇 So, What’s In It? 🤔 Underlying investments may include (i) direct purchases of U.S. Treasury Bills that have a remaining maturity under 12 months or (ii) investments in ETFs that invest in short-term U.S. Treasury Bills, including BIL, SGOV, and SHV. U.S. & Non-U.S. Support 🌐 Depending on where users are domiciled and KYC’d, our smart contract code will issue a token to U.S. investors known as $fBILL. Non-U.S. users will mint an equivalent version of the $fBILL token, $ifBILL. Mint & Redeem 🛠️ Users can request to mint and/or redeem 24/7, and orders will be processed during U.S. market hours. Our offering means that market participants no longer need to wait several business days to manage their exposure to U.S. t-bills. Furthermore, crypto natives can now access yields that far exceed the lending rate offered on some of the most popular DeFi protocols, such as Aave and Compound, for less risk. Both $fBILL and $ifBILL can be minted with $USDC. Supported Networks 👨💻 $fBILL and $ifBILL is currently accessible on Canto, a premiere permissionless general-purpose blockchain running the Ethereum Virtual Machine (EVM). Resources 🖥️ • Get Started Today👇 Note: If you encounter any issues, please email a reference ID to [email protected] and [email protected] • Fortunafi's GitBook • Fortunafi's Website 👇
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