Compounding Rewards · Phase 1 · Live

Introducing
Interest Crates

strUSD holders with active positions are eligible for Interest Crates. Reward allocations are based on position maturity and size.

Eligible position Active strUSD · staked trUSD

No lockups, no minimums, no accreditation. Allocations are variable and not guaranteed.

Interest Crate Tier · Base
0
est. allocation · TORI

Illustrative only. Actual allocations are set by the protocol at the snapshot.

The model

Two inputs decide what your crate holds

Every Phase 1 allocation comes from the same pair of factors: how long a strUSD position has been held, and how large it is.

01 / MATURITY

The longer it's staked, the more it earns

Positions accrue toward their crate the longer they stay staked. Maturity rewards conviction. strUSD that keeps compounding fills its crate faster in later phases.

02 / SIZE

Larger positions carry heavier crates

Allocation scales with the size of the active strUSD position. A larger stake contributes proportionally more to the crate it fills, measured continuously rather than in brackets.

Mechanics

From a staked position to a claimable crate

Phase 1 runs continuously. There's nothing to opt into. An eligible strUSD position starts filling its crate automatically.

01 / Stake

Hold an active strUSD position

Swap USDC or USDT for trUSD, then stake for strUSD. Size and start time are recorded from the moment the position opens.

02 / Accrue

The crate fills as it matures

Allocation builds each day from the position's size and time staked, alongside the delta-neutral yield already compounding into strUSD.

03 / Claim

Collect at the snapshot

At the close of the Phase 1 window, crates convert to TORI allocations, claimable directly in the app.

What the crate compounds

Real yield stands behind every crate

Crates don't invent returns. They sit on top of the same audited, market-neutral engine that backs trUSD.

11.3%
Current delta-neutral APY*
$55.0M
Total value backing trUSD
100.49%
Collateral ratio, verifiable on-chain
Money markets Futures arbitrage Calendar spreads Audited by Sherlock & Nethermind Real-time proof of reserves

Your strUSD is already filling its crate.