Getting trUSD
How do I get trUSD?
The easiest way is to swap through our app:1
Connect Wallet
Go to app.tori.finance and connect your wallet
2
Select Token
Choose USDC or USDT as your input token
3
Enter Amount
Enter how much you want to swap (no minimum)
4
Confirm
Approve the transaction in your wallet
What assets can I swap for trUSD?
Currently supported input tokens:| Token | Supported |
|---|---|
| USDC | ✅ Yes |
| USDT | ✅ Yes |
| Other stables | Coming soon |
Is there a minimum amount?
No minimum. Swap any amount you want.How long does swapping take?
Swapping is instant once your transaction is confirmed on Ethereum (typically 12-15 seconds).Can I mint trUSD directly instead of swapping?
Yes. Verified participants can mint and redeem trUSD directly at NAV. This is ideal for larger amounts and institutional use.| Method | Who Can Use | Fee | Best For |
|---|---|---|---|
| Swap | Anyone | Market rates | Most users |
| Mint/Redeem | Verified only | 0.1% (10bps) | Large amounts |
Staking for strUSD
How do I stake trUSD for strUSD?
1
Navigate to Stake
Go to the Stake section in the app
2
Enter Amount
Enter how much trUSD you want to stake
3
Confirm Transaction
Confirm the transaction in your wallet
4
Receive strUSD
strUSD appears in your wallet immediately
How does strUSD earn yield?
strUSD uses an exchange rate mechanism:- When you stake, you receive strUSD at the current exchange rate
- As yield is generated, the exchange rate increases
- When you unstake, you get more trUSD than you put in
Example: How the Exchange Rate Works
Example: How the Exchange Rate Works
Day 1:
- Exchange rate: 1 strUSD = 1.00 trUSD
- You stake 10,000 trUSD
- You receive 10,000 strUSD
- Exchange rate has increased to 1 strUSD = 1.05 trUSD
- Your 10,000 strUSD is now worth 10,500 trUSD
- That’s a 5% yield on your position
- You receive 10,500 trUSD for your 10,000 strUSD
- You’ve earned 500 trUSD in yield
Do I need to claim rewards?
No. Yield accrues automatically through the exchange rate. No claiming transactions, no gas costs for rewards - it just grows.What yields can I expect?
Yields are variable based on market conditions. Check the app for current rates.| Factor | Impact |
|---|---|
| Market volatility | More volatility often means more opportunities |
| Trading volumes | Higher activity creates more inefficiencies |
| Competition | More arbitrageurs can compress returns |
Past performance does not guarantee future results. Yields vary with market opportunities - check the app for current rates.
What fees are taken from yield?
A 10% performance fee is taken from generated yield only:| What’s Charged | What’s NOT Charged |
|---|---|
| 10% of yield generated | Your principal |
| Staking transaction | |
| Unstaking transaction |
Unstaking
How do I unstake?
1
Navigate to Unstake
Go to the Unstake section in the app
2
Enter Amount
Enter how much strUSD you want to unstake
3
Initiate Cooldown
Confirm the transaction to begin the 7-day cooldown
4
Wait 7 Days
Your request is pending during the cooldown period
5
Claim trUSD
After 7 days, return to claim your trUSD
Why is there a 7-day cooldown?
The cooldown ensures orderly liquidity management:| Benefit | Explanation |
|---|---|
| Protects all users | No forced liquidations that could hurt yields |
| Stable operations | Protocol can manage redemptions smoothly |
| Fair to everyone | No advantage to being first to exit |
Can I cancel an unstake request?
No. Once initiated, unstake requests cannot be cancelled. Make sure you’re ready before starting.What happens during the cooldown?
Your strUSD is locked but continues to earn yield until the cooldown completes. You don’t lose any yield during the waiting period.What if I need liquidity faster?
If you can’t wait 7 days, you have options:- Sell strUSD on DEXs (if liquidity available)
- Sell trUSD directly after swapping strUSD
- Wait for cooldown to complete
Peg & Pricing
How is trUSD priced?
trUSD is designed to track $1.00 USD. The price is maintained through arbitrage incentives that make it profitable to correct any deviations.Can trUSD trade above or below $1?
Yes, temporarily. But deviations create profit opportunities:| Scenario | What Happens |
|---|---|
| trUSD > $1 | Arbitrageurs mint at NAV, sell on market → price falls |
| trUSD < $1 | Arbitrageurs buy on market, redeem at NAV → price rises |
What’s the difference between market price and NAV?
| Term | What It Is | Where to Find |
|---|---|---|
| Market Price | What trUSD trades for on DEXs | DEX interfaces |
| NAV | Net Asset Value - underlying backing per trUSD | Protocol dashboard |
Backing & Transparency
What backs trUSD?
trUSD is fully backed by the protocol’s reserve assets deployed in hedged trading positions. Every trUSD has corresponding backing.| Component | Description |
|---|---|
| Trading positions | Delta-neutral, market-neutral strategies |
| Reserve fund | Additional buffer for adverse conditions |
| Institutional custody | Qualified custodians for off-chain assets |
Can I verify the backing?
Yes! Multiple verification methods:| Method | What It Shows | How to Access |
|---|---|---|
| Proof of Reserves | Real-time attestation | Accountable platform |
| On-Chain Data | Smart contract balances | Etherscan |
| Attestation Reports | Detailed periodic reports | Protocol dashboard |
DeFi Usage
Can I use strUSD in DeFi?
Yes! strUSD is a standard ERC-20 token, fully composable with DeFi:| Use Case | Description |
|---|---|
| Collateral | Use in lending protocols |
| Liquidity | Provide in DEX pools |
| Yield aggregation | Integrate with optimizers |
| Transfers | Send to any Ethereum address |
Can I use strUSD as collateral?
Yes, in supported lending protocols.Using any asset as collateral involves liquidation risk. Understand the lending protocol’s terms before proceeding.
Can I transfer trUSD/strUSD to other wallets?
Yes. Both are standard ERC-20 tokens that can be transferred to any Ethereum address.Can I use trUSD/strUSD on other chains?
Both tokens are built using LayerZero’s OFT (Omnichain Fungible Token) standard, making them multi-chain native:| Chain | Status |
|---|---|
| Ethereum Mainnet | Primary chain (live) |
| Other EVM chains | Expansion planned |
| Non-EVM chains | Potential future support |
Taxes & Reporting
Does Tori provide tax reporting?
No. Tori does not provide tax advice or reporting. Consult a qualified tax professional in your jurisdiction.How do I track my transactions?
| Method | How |
|---|---|
| Block explorers | View on Etherscan using your wallet address |
| Portfolio trackers | Connect wallet to services like Zapper, DeBank |
| Tax software | Use crypto tax tools that support DeFi |
Troubleshooting
My transaction is pending for a long time
Ethereum transactions can be slow during network congestion. Options:- Wait - Transaction may still confirm
- Speed up - If your wallet supports it, increase gas
- Cancel and retry - With higher gas price
I don’t see my trUSD/strUSD in my wallet
Try these steps:- Add token manually - Import using contract address
- Check network - Make sure you’re on Ethereum mainnet
- Verify transaction - Check Etherscan to confirm it completed
The app isn’t loading
Try:- Refresh the page
- Clear browser cache
- Try a different browser
- Disconnect and reconnect wallet