Blast Gold & Tokenized T-Bills Now Available to Blast Users!

The time has come! Blast users can now officially access Fortunafi’s tokenized treasury bills, the only institutional yield-bearing asset on Blast, and earn Blast Gold!

For the past several years, market participants have long sought a way to expose themselves to treasury bills onchain. With the advent and rise of Blast, an emerging Layer-2 blockchain with more than $2B in TVL, we're beyond excited to announce that tokenized treasury bills are now accessible to users who have completed KYC or successfully pass KYC through our Tokenized Asset Protocol (TAP) app. In the coming weeks, Blast users will ALSO get access to four new tokenized asset products! But that's not all…

👉️ Click Here To Access The TAP App!  👈️ 

Not only can Blast users finally access institutional yield via an audited protocol where underlying funds and assets are custodied with regulated partners, but users of Fortunafi’s TAP app can also earn Blast Gold! 😱

That’s right! Fortunafi is set to distribute Blast Gold, special points that contribute to an upcoming Blast network token airdrop for users, to eligible TAP app users! Approximately 100% of our 19,500 Blast Gold will be distributed in Round 1 starting on April 3, 2024.

Here’s How ROUND 1 Will Work!👇️

• The FIRST 10 users will earn 500 Blast Gold for minting a tokenized product through Fortunafi’s TAP app.

• The NEXT 10 users will earn 250 Blast Gold for minting a tokenized product through Fortunafi’s TAP app.

• Users who mint through the TAP app will earn Blast Gold daily, with a 0.15x daily multiplier applied for each consecutive day of holding.

  • Example: $100K deposited will yield 1.3 Blast Gold on day 1 and 626 Blast Gold if held for an additional 30 days.

• Note: Users must invest a minimum of $25K in fBILL (tokenized U.S. treasuries for U.S. residents) or $100K in ifBILL (tokenized U.S. treasuries for non-U.S. residents). Rewards are subject to change.

• Click here to access our Blast Gold rewards calculator!

• Round 2 details to be announced!

How to Complete KYC Verification

1. Visit our web portal here.

2. If you're new, connect your wallet and sign up for a Quadrata Web3 Passport; if you already have one, connect your wallet and finalize any additional requirements.

3. Follow the prompts to complete the KYC process.

4. If you encounter any issues, please email a reference ID to [email protected] and [email protected].

You will receive an email confirmation once you’ve completed your KYC verification. This email will notify you of the outcome of your KYC process and next steps.

• If You’ve Already Completed KYC: You’re ready to use TAP on Blast!

• If You Pass KYC: Congratulations! You will receive a subsequent email requiring you to complete subscription documentation. This is the final step before your wallet is whitelisted, granting you full access to the TAP app.

• If You Do Not Pass KYC: We will provide guidance on any further actions you may need to take.

Additional Details

What’s In It? 🤔
Underlying investments may include (i) direct purchases of U.S. Treasury Bills that have a remaining maturity under 12 months or (ii) investments in ETFs that invest in short-term U.S. Treasury Bills, including BIL, SGOV, and SHV.

U.S. & Non-U.S. Support 🌐
Depending on where users are domiciled and KYC’d, our smart contract code will issue a token to U.S. investors known as $fBILL. Non-U.S. users will mint an equivalent version of the fBILL token, ifBILL.

Mint & Redeem 🛠️
Users can request to mint and/or redeem 24/7, and orders will be processed during U.S. market hours. Our offering means that market participants no longer need to wait several business days to manage their exposure to U.S. t-bills. Furthermore, crypto natives can now access yields that far exceed the lending rate offered on some of the most popular DeFi protocols, such as Aave and Compound, for less risk. Both fBILL and ifBILL can be minted with USDC.

Supported Networks 👨‍💻
fBILL and ifBILL is available on Blast, Arbitrum, and Canto. We plan to expand our offering to many of the largest Layer-1 and Layer-2 blockchains in the coming months and quarters.

Get Started Today 👇️
https://app.fortunafi.com
Note: If you encounter any issues, please email a reference ID to [email protected] and [email protected].

Fortunafi's GitBook 👇️ 
https://bit.ly/fortunafi_gitbook 

Fortunafi on DeFiLlama 👇️ 
https://defillama.com/protocol/fortunafi 

TAP App Completed Audit 👇️ 
https://fortunafi.gitbook.io/fortunafi/audits

All The Best,
Fortunafi

‎

Disclaimer: The information contained herein is general information, intended for educational purposes only, and is not intended to constitute legal, tax, accounting, or investment advice. Information, opinions, and views are solely of Fortunafi and none of the information contained should be used as the basis for investment decisions. To ensure suitability, contact a licensed investment professional when making any investment decisions and do your own research.