OpenEden

Yield Farming

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OpenEden is at the forefront of bridging traditional financial assets with the blockchain, aiming to bring real-world assets on-chain and unlock trillions of dollars in value. It was founded by Jeremy Ng and Eugene Ng, former executives at Gemini APAC, and boasts a core team with extensive experience from tier-1 financial institutions such as Goldman Sachs, Morgan Stanley, Deutsche Bank, and Barclays, as well as leading technology firms like BlockFi, Bybit, Binance, SEA, and Accenture. The flagship offering of OpenEden is the OpenEden TBILL Vault, a smart-contract vault designed for U.S. Treasury Bills. This provides investors with exposure to the U.S. risk-free rate directly on-chain. Investors can deposit USDC to mint TBILL tokens, an EIP-20-compliant representation of the Treasury Bill balances within the Vault. These tokens grant legal rights to the redemption value of the assets held in the Vault, which include Treasury Bills, USDC, and fiat USD. The issuance of TBILL tokens is managed by Hill Lights International (HLI), a professional fund regulated under the British Virgin Island Securities and Investment Business Act 2010. The actual portfolio of Treasury Bills is held ...

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FAQ

What is OpenEden and its primary goal?

OpenEden is a pioneering project focused on bridging traditional financial assets with blockchain technology to unlock substantial value by bringing real-world assets on-chain. Founded by former executives from Gemini APAC and supported by a team from top-tier financial and tech institutions, OpenEden aims to revolutionize decentralized finance by integrating traditional finance's rigor with blockchain's potential.

How does the OpenEden TBILL Vault work?

The OpenEden TBILL Vault is a smart-contract vault that allows investors to gain direct on-chain exposure to U.S. Treasury Bills. Investors deposit USDC to mint TBILL tokens, which represent the Treasury Bill balances in the Vault and grant legal redemption rights. The process ensures asset security and regulatory compliance, making it a unique proposition for merging traditional and blockchain investment methods.

What are the benefits of investing in TBILL tokens through OpenEden?

Investing in TBILL tokens offers exposure to the U.S. risk-free rate while leveraging blockchain's transparency and security. The tokens, backed by U.S. Treasury Bills, USDC, and fiat USD, provide legal rights to underlying assets. This approach offers investors a secure and regulatory-compliant way to explore decentralized finance, combining asset security with blockchain efficiency.

How is OpenEden different from other asset management platforms?

OpenEden stands out by tokenizing real-world assets (RWAs), specifically U.S. Treasury Bills, allowing them to be transacted on-chain. This creates a hybrid approach that combines traditional finance rigor with blockchain's innovative potential. With a team from top financial and tech institutions, OpenEden provides a secure and compliant investment environment, unlike many purely blockchain-based platforms.

What are the eligibility requirements to invest in TBILL tokens?

To invest in TBILL tokens, individuals must be Accredited Investors, regardless of jurisdiction. These investors must complete necessary KYC and AML screenings as part of the subscription process. Furthermore, TBILL token transfers are restricted to whitelisted wallets of Accredited Investors, ensuring compliance and security throughout the investment process.

What should investors do if they experience an issue during the TBILL token subscription?

If investors encounter issues during the TBILL token subscription process, it's crucial to ensure all mandatory KYC and AML procedures are correctly followed. If problems persist, investors should contact OpenEden's support for assistance and guidance. Ensuring proper compliance is key for a seamless investment experience and access to OpenEden's tokenized real-world asset offerings.

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