What is TProtocol?

TProtocol is a DeFi-native protocol designed around T-Bills as its foundational asset. It addresses the DeFi ecosystem's need for composable on-chain T-Bill tokens, offering a reliable source of risk-free real yield. The protocol's primary objective is to facilitate the creation of permissionless interest-bearing tokens, backed by reverse repos and the Treasury, with relatively short durations, typically ranging from 1 to 3 months until maturity. These Treasury tokens' redemption value appreciates gradually over time as interest generated from the underlying assets accumulates within the tokens.