Transparency

Every number, with where it comes from

Each figure below is read from the chain or from the strategy's public API, and shows when it was read. Every clearing links to its transaction.

nUSDT fact sheet · Print or save as PDF →

The strategy at a glance

Oct 11, 2026, 6:39 PM UTC
Strategy size
$100.01
as the vault books it
Strategy assets (NAV)
$100.07
what the positions are worth now, incl. $0.07 earned but not yet received (energy-pool payouts, SR vote reward)
Stable tranche — depositors
$80.01
Insurance reserve
$0.00
Cover
1.25×
$1 of the stable tranche is backed by $1.25 of strategy assets

How depositor capital is protected

A loss is written down against the junior tranche and the insurance reserve before the stable tranche is touched.

A loss enters from the right. →

  • Stable tranche — depositors80 %
  • Junior tranche — team and early backers20 %
  • Insurance reserve0 %

Borrowing against collateral

TRX borrowed
165 TRX
TRX price
$0.3301
72.6 %
of the lending protocol's own borrowing limit

The strategy borrows TRX against its collateral and repays debt automatically, well before the lending protocol's own limit. Read every few minutes.

History

nUSDT price
Published rate

What happens at a clearing

  1. 1

    The strategy reports its value

    The bot reads what the positions are worth and reports it to the vault, which accepts it only within a set margin of what it can check on chain.

  2. 2

    The share price moves

    By what the strategy earned, after the reserve’s share. The contract refuses a move of more than 0.3 % in one clearing or 1.2 % in any 7 days.

  3. 3

    Waiting deposits become nUSDT

    At the price this clearing set — a deposit converts at no other moment and at no other price.

  4. 4

    Withdrawal requests become exit vouchers

    Each request is fixed at this price into a voucher the strategy funds within 21 days; once funded, its USDT sits on the voucher contract until claimed.

Clearing log

Each clearing sets the share price on chain. Every row links to its transaction.