Introducing The VaporFund Ecosystem

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RWA

US Dollar Yield Token ()
My Total Position
()
0.00000000

APY

0.00%

TVL

-

How to Invest?Here are the 3 steps to invest RWA on the VaporFund platform:
1.Connect with your crypto wallet on BNB chain only
2.Deposit a minimum of $100 USDC to invest, then click Approve to authorize the smart contract transaction.
3.After approve click Invest and confirm the transaction.

APY

0.00%

Days in Operation

0 days

Mint

Balance:

0.00000000

Receive

Exchange Rate

1 = 0

The minimum amount for minting is 100 USDC/PYUSD

What is USYT?

USYT is backed by the on-chain representation of the Hashnote International Short Duration Yield Fund Ltd (SDYF), which invests in reverse repo and U.S. Government backed securities. Investment in overnight repo minimizes market, duration, and credit risk, similar to a U.S. Treasury Money Market fund, but with the speed, transparency, and composability of an ERC-20 token.

Token Standard

Available Network

Subscription Currency

Subscription Fee

Redemption Fee

Performance Fee

Investment Minimum

ERC-20

Ethereum

USDC, PYUSD

None for PYUSD and USDC
0.10% for USDT

None for PYUSD
0.10% for USDC
One bussiness day's interest

10% of Yield

$100

* Terms and fees are subject to change. To subscribe, investor must qualify as an "accredited investor" and may allocate part or all of their investment to USYT. NAV cannot invest directly in USYT.

Why USYT

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.

USYT 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.

Service Providers and Regulatory Compliance

  • Custody: Bank of New York Mellon
  • Prime Broker:Merex
  • Bank:Customers Bank
  • Auditor:Cohen and Co
  • Fund Admin:NAV Consulting
  • KYC / AML: NAV Consulting, LMO Consulting
  • Hashnote's offshore funds are licensed as mutual funds by the Cayman Islands Monetary Authority (CIMA), and its U.S. fund manager is registered as a CPO with the Commodity Futures Trading Commission (CFTC)

Smart Contract Addresses

  • RWAVault: 0xdc9C2e95811b183752A1c5893182904d4fa7E781
  • USYT:0x0e0cD306EC48CC61CA582a80c63806058920961C

Fund Management

The real-world assets are managed by Hashnote, an on-chain institutional asset manager backed by DRW partners. Hashnote's Fixed Income Team has a strong track record in delivering consistent, risk-adjusted returns and managing liquidity.
About Hashnote →

Service Providers & Regulatory Compliance

The fund's cash and securities are custodied at Bank of New York Mellon and managed by experienced portfolio and liquidity managers. Hashnote's offshore funds are licensed as mutual funds by Cayman Islands Monetary Authority (CIMA), and its U.S. fund manager is registered as a CPO with the Commodity Futures Trading Commission (CFTC).