Adapt3r Digital Treasury Bill FundPrice

(TFBILL)

tfbill addresses the challenge non-U.S. investors face in accessing short-term U.S. Treasury Bill yields via traditional finance. It provides direct, on-chain access to these instruments. Blockchain technology is crucial because it enables simple, always-on (24/7) liquidity, bypassing the limitations of traditional trading hours and centralized intermediaries. This decentralized approach enhances accessibility and efficiency for international participants.

Adapt3r Digital is described as a crypto-native asset manager specializing in compliant Real World Asset (RWA) products. While specific individual team members' backgrounds are not detailed in the provided information, the focus is on their organizational expertise in bridging traditional finance with decentralized blockchain solutions. Their vision centers on providing compliant and accessible on-chain RWA investment opportunities.

The tfbill tokenomics are designed such that each token represents a Limited Partner interest in a British Virgin Islands-registered professional fund. This fund exclusively holds U.S. Treasury Bills. Investors receive tfbill tokens upon depositing USDC into a smart contract vault. The fund's investment strategy prioritizes capital preservation, aims for stable returns, and offers high liquidity, which are the primary benefits accrued to token holders.

Security is paramount for tfbill. The project utilizes battle-tested smart contracts from TrueFi, which have handled substantial lending volumes, to mint tokens via Archblock's interface. Adapt3r Digital ensures full transparency into the flow of funds and implements real-time on-chain monitoring. Additionally, a third-party Fund Administrator provides daily Net Asset Value (NAV) attestations, which are uploaded on-chain and to IPFS, ensuring verifiable fund status. The entire fund undergoes an annual audit by Wolf & Co.

tfbill (ADAPT I LP) signifies Adapt3r Digital's Short-Term U.S. Treasury Fund. Essentially, each tfbill token held by an investor represents a Limited Partner (LP) interest in a professional fund legally registered in the British Virgin Islands. This underlying fund's sole purpose is to hold short-term U.S. Treasury Bills. Therefore, owning tfbill tokens provides on-chain exposure to the yields generated by these traditional financial instruments.

Investors can acquire tfbill tokens by minting them directly on-chain. This process is facilitated through Archblock's interface, which is accessible 24 hours a day, seven days a week. Currently, the platform accepts USDC as the deposit currency for minting tfbill tokens. Upon depositing USDC into the designated smart contract vault, the corresponding amount of tfbill tokens will be issued to the investor's wallet.