We’re pleased to announce the launch of our latest feature, Real-Time Liquidity, designed to improve the way investors manage their assets.
What is Real-Time Liquidity?
Our Real-Time Liquidity feature allows DigiFT-issued money market fund tokens (DMMF01) to be instantly redeemed into USDC, offering unparalleled flexibility and efficiency. This new feature eliminates the traditional waiting periods associated with settlement, providing 24/7 redemption capabilities. This feature is now available to all DigiFT users on both desktop and mobile.
Unlock the true potential of your investments
Real-time liquidity allows investors to unlock the potential of their investments in the following ways:
1. Instant Access to Funds
With our Real-Time Liquidity feature, investors can redeem DMMF01 for USDC instantly, any time of the day or night. This instant access to funds empowers you to maximize your trading potential without the delays typically associated with traditional settlements.
2. Enhanced Flexibility and Convenience
Our user-friendly website and mobile app provide real-time updates on liquidity pool size, available liquidity, and redemption prices. You can interact directly with DigiFT’s smart contract, ensuring seamless and efficient transactions. This level of accessibility and convenience is designed to enhance your overall trading experience.
3. Increased Investment Efficiency
By enabling instant redemptions, our Real-Time Liquidity feature allows you to optimize capital utilization. You can continue trading immediately with USDC, making your investment strategy more dynamic and responsive to market changes.
4. Attractive Yield Generation
Beyond instant redemptions, you can also become a Liquidity Pool Provider (LPP) and earn additional yield by providing redemption liquidity. This role allows you to benefit from redemption fees and potential price differences, all while supporting real-time transactions on our platform.
5. Reliable and Regulated Service
Trust is paramount in financial services. As the world’s first regulated exchange for on-chain real-world assets, DigiFT ensures that all transactions are secure and compliant with regulatory standards. Our commitment to transparency and real-time data updates foster confidence in your investment decisions.
How does Real-Time Liquidity work?
DigiFT users holding DMMF01 tokens can redeem their tokens for USDC in real-time through 4 simple steps:
- Log in to DigiFT platform via DigiFT website or mobile app
- View real-time liquidity updates on DMMF01 liquidity pool size, available liquidity, redemption price and fee
- Select instant redemption option for DMMF01
- Swap out DMMF01 from digital wallet and receive USDC instantly
Redemption is available 24/7 and capped at a maximum redemption of USD 50,000 per transaction.
Users can access real-time updates on liquidity pool size, available liquidity and redemption prices through DigiFT’s website or mobile app. Liquidity pool is smart-contract based, and users can interact directly with DigiFT’s smart contract.
How do I become a Liquidity Pool Provider?
If you have reserve USDC on hand, you can make it work harder by becoming a Liquidity Pool Provider (LPP).
LPPs provide liquidity in the form of USDC which is used to facilitate instant redemption of DMMF01 ‘bridging’ USDC for the period between redemption of DMMF01 and sale or settlement of the underlying fund unit.
The LPP then generates returns on their USDC on two-fronts:
- When they receive a cut of the redemption fee
- From the price difference between token redemption and settlement of the underlying fund unit.
Interested in becoming an LPP? Fill out the contact form here and our customer support team will be in touch.
Login to your DigiFT account today at www.digift.sg to experience the power of real-time and take full control of your investments. Not a DigiFT user? Sign up here!
