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Once onboarded and whitelisted, an investor can subscribe to FGN TBILLs tokens through the FGN TBILLS vault by depositing eNsc (Nigeriaโ€™s crypto-native stablecoin) via the vaultโ€™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 investorโ€™s wallet, where they retain full ownership and control.