Prospera Vest Whitepaper
WebsiteENSC API
  • 🤝Welcome to PROSPERAVEST ESG
  • Mission
  • Community
  • eNsc
    • 🪙The Naira Stablecoin (e₦sc)
      • Technology Stack and Processes
        • Flow of Funds
        • Proof of Reserve Process
      • Implementation Risk: Trust Dependency
    • 📈FGN TBILLS Tokenization
      • Why bring the Nigerian TBills on chain
      • Benefits of On chain Tbills exposure
      • Product Structure
      • Investor Onboarding
      • FGNTBILLs Subscription Process
      • FGN TBILLS Redemption Process
      • On & Off-Chain Governance and Control
    • 📖ENSC API Docs
    • 💖KYC/KYB/KYT
    • 💖Disclaimer
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  1. eNsc
  2. FGN TBILLS Tokenization

FGNTBILLs Subscription Process

Unleash Your Wealth Potential, Like a Boss

Once onboarded and whitelisted, an investor can subscribe to FGN TBILLs tokens through the FGN TBILLS vault by depositing eNsc (Nigeria’s crypto-native stablecoin) via the vault’s app interface. The process is instant and governed by audited smart contracts:

  1. Deposit eNsc: The investor transfers eNsc from their whitelisted wallet to the vault.

  2. Mint Tokens: The vault automatically mints FGN TBILLs tokens (vault shares - proof of ownership) equivalent to the deposited ENSC value at the time of transaction, backed 1:1 by Nigerian Treasury Bills (T-Bills) and ENSC reserves.

  3. Self-Custody: Vault shares are sent directly to the investor’s wallet, where they retain full ownership and control.

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Last updated 1 month ago

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