đLeveraged T-Bill yields
Last updated
Last updated
Trinity enables users to take leverage on tokenized T-Bill positions (such as TrueFi tfBILL) through the following process:
User creates a vessel and deposits tokenized T-Bill collateral.
User mints/borrows TRI.
User swaps TRI to USDC (or other stablecoin that can be used to purchase tokenized T-bills).
User purchases additional tokenized T-Bills from issuer.
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: