Product Structure
Prosperavest FGN TBILLs product structure
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Prosperavest FGN TBILLs product structure
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The FGN TBILLs token is an ERC-20 compliant digital asset representing an investor’s proportional stake in the FGN TBILLS vault, a smart contract pool of short-dated Nigerian Treasury Bills (T-Bills). By depositing , users mint FGN TBILLs tokens, granting legal claim to the vault’s underlying assets. Investors self-custody tokens in whitelisted wallets, bearing sole responsibility for security.
Minting, redemption, and transfers require SEC-compliant KYC/KYB/KYT, with transactions restricted to verified wallets. Each FGN TBILLs token is 1:1 backed by Nigerian T-Bills and liquidity, auditable on-chain and verified monthly by Nigerian regulators.
ProsperaVest will operate as a SEC-registered Digital Asset Operating Platform (DAOP), partnering with licensed custodians, legal advisors, and auditors to ensure compliance with Nigeria’s Investment and Securities Act. Redemptions settles in a First-In-First Out Queue book order within one-three business day.
Designed for Web3 CFOs, DAOs, and retail investors, the FGN TBILLS vault democratizes access to low-risk, yield-bearing sovereign debt bridging crypto liquidity and Nigeria’s financial future.
The FGN TBILLS vault prioritizes capital preservation, liquidity, and risk-adjusted yield by anchoring its holdings to short-duration Nigerian Treasury Bills (T-Bills)—sovereign debt instruments backed by the Federal Government of Nigeria. These T-Bills serve as the vault’s cornerstone, offering institutional-grade stability through their sovereign guarantee and deep liquidity in Nigeria’s secondary markets.
Diversification across multiple T-Bill issuances and partnerships with SEC-licensed custodians mitigate concentration risk, while monthly on-chain audits verify the 1:1 backing of every FGN TBILLs token.