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Trenches x Tori Finance: Private Allocation
20% APY floor protection for Trenches whitelisted addresses. 3x CORES boost (1.5x boost for Trenches LPs).
Tori is building an institutional-grade yield protocol with a fully transparent on-chain balance sheet.
trUSD
composable synthetic dollar
strUSD
yield-bearing reserve asset targeting 12-15% APY
Backers
$3.5M Seed Round Led by Delphi Ventures
Traction
Integrations planned with Curve, Pendle, StakeDAO, and Convex
Target reserve portfolio APY
12-15%
The floor protection covers total return (real yield + points value) and protects against lower-than-expected token valuation or points monetization.
If total returns are below 20%
Tori will distribute additional governance tokens (liquid at TGE) within 3 days of TGE, priced using the 24-hour VWAP after launch, to make up the difference.
Pre-Deposit Phase (~4 weeks)
21.1% APY
13.1% Points, 8.0% Real Yield
Ecosystem Vault Phase (~2 months)
24.4% APY
10.4% Points, 14.0% Real Yield
Blended Expected Return
~23.5% APY
real yield + points value
Yield Sources — Global money market carry; Curve LP fees + CRV/CVX emissions; Pendle LP yield + swap fees + PENDLE incentives; strUSD reserve portfolio yield.