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Trinity Protocol
Looking for yield on TRI?
  • đŸ¯Trinity protocol
  • General
    • 📖Overview
    • 🔑Key benefits
    • 🚰Flow of funds
  • CORE PROTOCOL
    • đŸ›ŗī¸Collateral and Vessels
    • đŸĒ™TRI
    • â›ŊFees
  • Supported Collateral
    • 💴TrueFi tfBILL
  • TRI Utility
    • 🔁Leveraged T-Bill yields
    • 📈sTRI vault
    • đŸ’ĩSecondary markets
  • About Trinity
    • 👮Audits
    • đŸĢGovernance
    • đŸ—“ī¸Release plan
  • Tutorials
    • đŸĻHow to borrow TRI
    • đŸ•šī¸How to repay & close Vessels
  • Advanced
    • đŸ”ĸTrinity Parameters
    • 📋Scenarios: Vessels & Fees
    • â›°ī¸Safety Fund
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  1. TRI Utility

Leveraged T-Bill yields

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Last updated 1 year ago

Trinity enables users to take leverage on tokenized T-Bill positions (such as TrueFi tfBILL) through the following process:

  1. User creates a vessel and deposits tokenized T-Bill collateral.

  2. User mints/borrows TRI.

  3. User swaps TRI to USDC (or other stablecoin that can be used to purchase tokenized T-bills).

  4. User purchases additional tokenized T-Bills from issuer.

  5. User deposits additional tokenized T-Bills into vessel and mints/borrows additional TRI (repeat steps 1-4).

By creating multiple turns of leverage and compounding returns, users could potentially generate >15% APY in favorable market conditions.

For an illustrative spreadsheet model, please see Google Sheets below:

🔁
https://docs.google.com/spreadsheets/d/1q3jZJ293cKazRSU8iVNMhD3MKhpG1VU1UCzI2wwMpmM/edit#gid=0docs.google.com