This page describes direct minting and redemption access for verified participants. Most users do not need this - you can swap USDC/USDT for trUSD at market rates without any verification.
Overview
Any participant who completes our KYC/AML and risk verification process can access direct protocol minting and redemption operations.Who Can Apply?
Anyone can apply for verified access, including:- Individual users
- Family offices
- Corporate treasuries
- Institutional investors
- Market makers
- Trading firms
Verification Process
1
Apply
Contact our team to begin the application process.
2
Complete KYC/AML
Complete identity verification and compliance screening through our partner.
3
Risk Assessment
Pass our risk assessment process.
4
Get Whitelisted
Once approved, your wallet address is whitelisted for direct access.
5
Mint & Redeem
Access direct minting and redemption through the app.
Requirements
| Requirement | Details |
|---|---|
| Identity Verification | Government-issued ID and proof of address |
| Compliance Check | KYC/AML screening |
| Risk Assessment | Pass eligibility criteria |
| Wallet Whitelisting | Approved wallet addresses only |
What You Get
Verified participants can:- Mint trUSD: Deposit supported assets to mint trUSD directly from the protocol
- Redeem trUSD: Redeem trUSD directly through the protocol
Fees
A 10bps (0.1%) fee applies to mint and redemption operations. This fee covers the costs associated with entering and exiting the underlying backing positions - it is not protocol revenue.Security & Transparency
| Component | Provider | Description |
|---|---|---|
| Proof of Reserves | Accountable | Real-time, independent attestations |
| Security Monitoring | Hypernative + Internal | 24/7 threat detection |
| Smart Contract Audits | Sherlock | Comprehensive security audits |
Contact
To begin the verification process, contact us at onboarding@tori.finance.Don’t want to verify? You can still use Tori by swapping USDC/USDT for trUSD at market rates on app.tori.finance - no verification required.