We are excited to launch strUSD, a yield-bearing token backed by institutional delta-neutral strategies.
12%* APY, uncorrelated with crypto.
Strategies that required eight-figure minimums, now on-chain.
Learn more about our day-one DeFi integrations below.
trUSD and strUSD are live on Pendle.
Lock in a fixed rate to maturity, or go long the variable yield and Cores.
Lock your YT until maturity to earn 50% more Cores.
strUSD: app.pendle.finance/trade/pools/0x…
trUSD: app.pendle.finance/trade/pools/0x…
trUSD and strUSD are live on Morpho.
Use it as collateral to borrow, or loop to compound your yield and Cores, or supply USDC to the Morpho vault to earn.
app.morpho.org/ethereum/vault…
strUSD yield splits into two tranches on Royco.
Senior for protected, steadier yield. Junior for amplified yield and boosted Cores, in the first-loss position.
royco.org/market/1/0x3c4…
trUSD and strUSD are live on Curve.
Swap, or provide liquidity to earn trading fees, CRV, and Cores on top of strUSD's yield.
trUSD/USDC: curve.finance/dex/ethereum/p…
strUSD/trUSD: curve.finance/dex/ethereum/p…
frxUSD/trUSD: curve.finance/dex/ethereum/p…
The $50M cap is lifted with the pre-deposit phase ending. The Pre-deposit Vault is now the Ecosystem Vault.
trUSD/strUSD is now open to everyone.
Buy trUSD, stake for strUSD, and start earning. Or explore the DeFi integrations on the Opportunities page.
app.tori.finance
Where the yield comes from:
The yield comes from dollar-hedged carry in global money markets. Borrow where rates are low, lend where they are higher, and hedge the currency risk back to USD.
Delta-neutral, with zero crypto market exposure.
These strategies normally require seven and eight-figure minimums and institutional relationships. Tori brings them on-chain as strUSD.
In-depth discussions on the source of Tori's yield can be found on the following podcasts:
Delphi Pod: x.com/Delphi_Digital…
Edge Pod: x.com/DeFi_Dad/statu…
This is the final tweet in the thread.
Not financial advice or an offer to sell. Yields are variable, not guaranteed, and losses are possible. Past performance does not indicate future results. Not available to US persons. docs.tori.finance/legal/risk
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